Gibrat's Law and the Growth of Cities in Brazil: A Panel Data Investigation

Urban Studies ◽  
2004 ◽  
Vol 41 (8) ◽  
pp. 1537-1549 ◽  
Author(s):  
Marcelo Resende
2014 ◽  
Vol 17 (03) ◽  
pp. 1450014 ◽  
Author(s):  
Devinaga Rasiah ◽  
David Yoon Kin Tong ◽  
Peong Kwee Kim

In this study, we intended to examine empirically how a firm's profitability performance would impact its growth process and the inference for Gibrat's Law. The basic study looks at small, medium and large firms' tendency to grow when their internally generated profits are high. The sample is 124 construction companies listed from years 2003 to 2010 at BURSA Malaysia. Data used is secondary data collected from BURSA Malaysia and annual reports. The result indicated that "growth" contributed significantly to profitability in both small and medium-sized construction companies, but was not significant in large companies. Thus, hypothesis two was supported. This study supports Gibrat's Law, showing that size and growth rate are independent.


Author(s):  
Cristina Aybar-Arias ◽  
Alejandro Casino-Martínez ◽  
José López-Gracia

2007 ◽  
Vol 32 (1) ◽  
pp. 31-44 ◽  
Author(s):  
Francesca Lotti ◽  
Enrico Santarelli ◽  
Marco Vivarelli
Keyword(s):  

Finance ◽  
2018 ◽  
Vol 39 (3) ◽  
pp. 45 ◽  
Author(s):  
François-Éric Racicot ◽  
William F. Rentz ◽  
Raymond Théoret

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