Testing convergence toward Gibrat’s law for Czech manufacturing firms

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F17%3AN0008305" target="_blank" >RIV/71226401:_____/17:N0008305 - isvavai.cz</a>
Result on the web
<a href="https://www.sav.sk/journals/uploads/1027125208%2017%20Fiala%20+%20RS.pdf" target="_blank" >https://www.sav.sk/journals/uploads/1027125208%2017%20Fiala%20+%20RS.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Testing convergence toward Gibrat’s law for Czech manufacturing firms
Original language description
The paper attempts to examine if there is any convergence toward Gibrat’s law over time for the sample of Czech manufacturing firms over the time period of 2007–2015. Firstly, the validi-ty of Gibrat’s law over the entire period from2007 to 2015 was investigated separately for two samples – for large companies and for small and medium-sized enterprises (SMEs). The validi-ty of Gibrat’s law was tested via the linear regression model with the first-order autoregressive process. While for large firms, there was found no relationship between firm size and firm growth, for the sample of SMEs Gibrat’s law was rejected. Secondly, we tested for both sam-ples if there is any convergence toward Gibrat’s law over time. There is convergence toward Gibrat’s law over time for the sample of SMEs.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management

Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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