González-Val, Rafael and Sanso-Navarro, Marcos (2008): Gibrat’s law for countries.
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If the population of a given country evolves according to Gibrat'�s Law, its growth rate will be independent of its initial size. This short paper further investigates this empirical regularity by the application of a suitable panel unit root test and non-parametric methods. The evidence regarding its fulfilment is weaker than that previously found.
|Item Type:||MPRA Paper|
|Original Title:||Gibrat’s law for countries|
|Keywords:||Gibrat�'s Law, Country Size, Non-stationary Panels, Non-parametric Methods|
|Subjects:||F - International Economics > F0 - General > F00 - General
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C14 - Semiparametric and Nonparametric Methods: General
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C12 - Hypothesis Testing: General
C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C23 - Models with Panel Data; Longitudinal Data; Spatial Time Series
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R12 - Size and Spatial Distributions of Regional Economic Activity
|Depositing User:||Rafael González-Val|
|Date Deposited:||20. Feb 2009 15:38|
|Last Modified:||19. Feb 2013 07:16|
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