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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/25019
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dc.contributor.authorGoddard, Johnen_UK
dc.contributor.authorMcMillan, Daviden_UK
dc.contributor.authorWilson, John O Sen_UK
dc.date.accessioned2017-02-27T22:28:41Z-
dc.date.available2017-02-27T22:28:41Zen_UK
dc.date.issued2006en_UK
dc.identifier.urihttp://hdl.handle.net/1893/25019-
dc.description.abstractThree panel unit root tests are applied to a 31-year firm size, growth and profit rate data set for 96 large, quoted UK firms. All tests reject the unit root null for log size if the Augmented Dickey Fuller autoregressions exclude a linear time trend. If a linear trend is included, the results are more ambiguous and appear to differ systematically between tests. The view that firm growth is either random or near-random does not receive unequivocal support in all tests. There is however strong and consistent evidence of mean-reversion in profit rates.en_UK
dc.language.isoenen_UK
dc.publisherTaylor and Francisen_UK
dc.relationGoddard J, McMillan D & Wilson JOS (2006) Do firm sizes and profit rates converge? Evidence on Gibrat's Law and the persistence of profits in the long run. Applied Economics, 38 (3), pp. 267-278. https://doi.org/10.1080/00036840500367955en_UK
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.rights.urihttp://www.rioxx.net/licenses/under-embargo-all-rights-reserveden_UK
dc.titleDo firm sizes and profit rates converge? Evidence on Gibrat's Law and the persistence of profits in the long runen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2999-12-20en_UK
dc.rights.embargoreason[Do firm sizes and profit rates converge Evidence on Gibrat s Law and the persistence of profits in the long run.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.identifier.doi10.1080/00036840500367955en_UK
dc.citation.jtitleApplied Economicsen_UK
dc.citation.issn1466-4283en_UK
dc.citation.issn0003-6846en_UK
dc.citation.volume38en_UK
dc.citation.issue3en_UK
dc.citation.spage267en_UK
dc.citation.epage278en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.author.emaildavid.mcmillan@stir.ac.uken_UK
dc.citation.date19/08/2006en_UK
dc.contributor.affiliationBangor Universityen_UK
dc.contributor.affiliationAccounting & Financeen_UK
dc.contributor.affiliationUniversity of St Andrewsen_UK
dc.identifier.isiWOS:000234680600003en_UK
dc.identifier.wtid539671en_UK
dc.contributor.orcid0000-0002-5891-4193en_UK
dcterms.dateAccepted2006-08-19en_UK
dc.date.filedepositdate2017-02-27en_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorGoddard, John|en_UK
local.rioxx.authorMcMillan, David|0000-0002-5891-4193en_UK
local.rioxx.authorWilson, John O S|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2999-12-20en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||en_UK
local.rioxx.filenameDo firm sizes and profit rates converge Evidence on Gibrat s Law and the persistence of profits in the long run.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source0003-6846en_UK
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