Fiche du document
21 août 2018
- handle: 10670/1.6b1rec
- hal: hal-01762381
info:eu-repo/semantics/OpenAccess
Mots-clés
Firm performance Mean Field Games Firm growth Professional Services Firms E - Macroeconomics and Monetary Economics/E.E1 - General Aggregative Models/E.E1.E17 - Forecasting and Simulation: Models and Applications D - Microeconomics/D.D2 - Production and Organizations/D.D2.D23 - Organizational Behavior • Transaction Costs • Property Rights L - Industrial Organization/L.L8 - Industry Studies: Services/L.L8.L84 - Personal, Professional, and Business Services L - Industrial Organization/L.L1 - Market Structure, Firm Strategy, and Market Performance/L.L1.L16 - Industrial Organization and Macroeconomics: Industrial Structure and Structural Change • Industrial Price Indices L - Industrial Organization/L.L2 - Firm Objectives, Organization, and Behavior/L.L2.L25 - Firm Performance: Size, Diversification, and Scope -fin]/Statistical Finance [q-fin.ST]Sujets proches
Businesses Firms Companies Enterprises Business organizations Organizations, BusinessCiter ce document
Edouard Ribes, « Growth patterns of US professional services firms. », HAL-SHS : économie et finance, ID : 10670/1.6b1rec
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Résumé
This paper investigates the growth of professional services firms [PSFs] in the US. It first demonstrates based on a 20 year longitudinal dataset, that Gibrat's law of firm growth doesn't hold for PSFs as the growth rate of their establishment is age and size dependent. While this behavior is shared across the US economy and the notable reference point of US manufacturing firms, US PSFs exhibit a specificity in the development of their firms that exhibit persistence in growth and in their development pattern that relies on the creation of small establishments (