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) |
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| 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: | 01 Oct 2024 23:20 |
| URI: | http://eprints.lse.ac.uk/id/eprint/2289 |
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