Abstract:Organizational growth processes exhibit interesting statistical regularities, chiefly the heavy-tailed pattern of the size and growth-rate (i.e. yearly change in size) distributions. In spite of its ubiquity, empirical studies of growth are often limited to private activities and specific sectors, and generative models on the other hand are built on simplified assumptions and only aim at reproducing stylized facts. In this study, we use a unique Swedish longitudinal database on employment in the Stockholm Regi… Show more
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