000K  utf8
1100  $c2015
1500  eng
2050  urn:nbn:de:hbz:464-20160728-121929-9
3000  Heinrich, Torsten
3010  Dai, Shuanping
4000  Diversity of Firm Sizes, Complexity, and Industry Structure in the Chinese Economy  [Heinrich, Torsten]
4209  Among the phenomena in economics that are not yet well-understood is the fat-tailed (power-law) distribution of firm sizes in the world’s economies. Different mechanisms suggested in the literature to explain this distribution of firm sizes are discussed in the present paper. The paper uses the China Industrial Enterprises Database to study the distribution (firm size in terms of the number of employees, capital, and gross profit) for the provinces of China for the years 1998–2008. We estimate the power-law distribution and confirm its plausibility using the KS test and the log-likelihood ratio vs. lognormal and exponential distributions. The analysis on regional levels allows an assessment of regional effects on differences in the distribution; we discuss possible explanations for the observed patterns in the light of the recent regional economic development in the PRC.
4950  https://nbn-resolving.org/urn:nbn:de:hbz:464-20160728-121929-9$xR$3Volltext$534
4961  https://duepublico2.uni-due.de/receive/duepublico_mods_00041061
5010  32
5051  320
5550  China
5550  evolutionary industry dynamics
5550  Firm size distribution
5550  power-law distribution