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Zipf and the size distribution of firms

Hart, Peter E. and Oulton, Nicholas (1997) Zipf and the size distribution of firms. Applied Economics Letters, 4 (4). pp. 205-206. ISSN 1350-4851

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Identification Number: 10.1080/758518494


Based on a sample of 50 441 independent UK companies of all sizes covering all sectors of the UK economy, the size distribution of companies is close to lognormal, even though the hypothesis of lognormality can be rejected statistically. A Zipf plot shows that the Pareto distribution is a poor fit to the upper 5% tail.

Item Type: Article
Official URL:
Additional Information: © 1997 Taylor & Francis
Divisions: Centre for Macroeconomics
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HB Economic Theory
Date Deposited: 11 Dec 2020 15:27
Last Modified: 20 Aug 2021 02:44

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