Reference : The Firm Size Distribution in Belgium
E-prints/Working papers : First made available on ORBi
Business & economic sciences : Special economic topics (health, labor, transportation…)
The Firm Size Distribution in Belgium
Artige, Lionel mailto [Université de Liège - ULiège > HEC Liège : UER > UER Economie : Macroéconomie >]
Bignandi, Sousso mailto [Université de Liège - ULiège > > HEC Recherche >]
[en] Firm size distribution ; distribution lognormale ; distribution de Pareto
[en] The shape of the firm size distribution (FSD) looks similar in all market economies but its approximation by a parametric distribution, a necessary information to build a general model of firm dynamics, remains much debated. In this paper, we use an exclusive comprehensive database on Belgian firms. We show that the lognormal distribution is a better approximation of the empirical FSD than the power law distribution. This result holds true at the aggregate, sectoral and regional levels.

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