The Patterns of Chinese Firm Growth: A Conditional Estimation Approach of the Asymmetric Exponential Power Density

This article investigates the impact of ownership type on the entire growth rate distributional mass of Chinese firms, using a conditional estimation approach of the asymmetric exponential power density that goes beyond simple location-shift analysis.Read More

Hidden but in Plain Sight: The Role of Scale Adjustment in Industry Dynamics

Published Research

While much is understood about the general pattern of industry dynamics, a critical element underlying these dynamics, the rate of the expansion of individual firms, has been largely overlooked. We argue that the rate at which firms can reliably increase their scale of operations is a critical factor in understanding the structure of industries.Read More