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The size distribution of businesses, part I: a benchmark case

Sutton, John (1995) The size distribution of businesses, part I: a benchmark case. Economics of Industry; EI 09 (EI/9). Suntory and Toyota International Centres for Economics and Related Disciplines, London, UK.

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Abstract

This paper examines the evolution of a skew distribution of firm sizes from the viewpoint of the 'Bounds' approach to market structure. It confines attention to the role played by non-strategic factors (statistical independence, and cost sideeffects). A model is proposed, which leads to a prediction regarding the least skew size distribution which is likely to be observed. This distribution provides a benchmark relative to which the impact of strategic effects on the form of the size of distribution may be assessed.

Item Type: Monograph (Discussion Paper)
Official URL: http://sticerd.lse.ac.uk
Additional Information: © 1995 John Sutton
Divisions: Economics
STICERD
Subjects: H Social Sciences > HD Industries. Land use. Labor
Date Deposited: 27 Apr 2007
Last Modified: 11 Dec 2024 18:21
URI: http://eprints.lse.ac.uk/id/eprint/2289

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