The firm size distribution and inter-industry diversification

Hutchinson, John; Konings, Jozef; Paul Walsh, Patrick

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dc.contributor.author	Hutchinson, John
dc.contributor.author	Konings, Jozef
dc.contributor.author	Paul Walsh, Patrick
dc.date.accessioned	2016-11-22T03:33:11Z
dc.date.available	2016-11-22T03:33:11Z
dc.date.issued	2009-08
dc.identifier.citation	Hutchinson John, Konings Jozef, Paul Walsh Patrick, 2009, UCD GEARY INSTITUTE; The firm size distribution and inter-industry diversification. http://nur.nu.edu.kz/handle/123456789/1904	ru_RU
dc.identifier.uri	http://nur.nu.edu.kz/handle/123456789/1904
dc.description.abstract	We show that the stylized facts of the Firm Size Distribution (FSD) by age cohorts, as shown in Cabral and Mata (2003), bind within 4-digit manufacturing industries in the UK and Belgium. As in Klepper and Thompson (2006) and Sutton (1998), we explore whether time to build a portfolio of products is a mechanism that relates age to firm size. While inter industry diversification, to some extent, accounts for the role of age, we find that the presence of economies of scope has a separate impact on firm size when controlling for age, amongst other factors. Using the techniques in Cabral and Mata’s we show that the FSD by degrees of product diversification shifts to the right, but more so in older age groups. This shows a role for inter-industry diversification over and above an age effect.	ru_RU
dc.language.iso	en	ru_RU
dc.publisher	UCD GEARY INSTITUTE	ru_RU
dc.rights	Attribution-NonCommercial-ShareAlike 3.0 United States	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-sa/3.0/us/	*
dc.subject	distribution	ru_RU
dc.subject	inter-industry diversification	ru_RU
dc.subject	Research Subject Categories::SOCIAL SCIENCES::Business and economics	ru_RU
dc.title	The firm size distribution and inter-industry diversification	ru_RU
dc.type	Working Paper	ru_RU