Arbeitspapier
Income levels and income growth: Some new cross-country evidence and some interpretative puzzles
This work brings together two distinct pieces of evidence concerning, at macro level, international distributions of incomes and their dynamics, and, at micro level, the size distributions of firms and the properties of their growth rates. Moreover, we take into the picture an intermediate level of observation, namely the statistical properties of sectoral growth. First, our empirical analysis provides a fresh look at the international distributions of incomes and growth rates by investigating more closely the relationship between the two entities and the statistical properties of the growth process. Second, we try to identify those statistical properties which are invariant with respect to the scale of observation (country or firm) as distinct from those that are instead scale specific. This exercise puts forward a few major interpretative challenges regarding the correlating processes underlying the statistical evidence.
- Language
-
Englisch
- Bibliographic citation
-
Series: LEM Working Paper Series ; No. 2004/18
- Classification
-
Wirtschaft
Econometric and Statistical Methods and Methodology: General
Semiparametric and Nonparametric Methods: General
Macroeconomic Analyses of Economic Development
- Subject
-
international distribution of income
international growth rates
scaling laws
growth volatility
exponential tails
Einkommensverteilung
International
Wirtschaftswachstum
Unternehmenswachstum
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Castaldi, Carolina
Dosi, Giovanni
- Event
-
Veröffentlichung
- (who)
-
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
- (where)
-
Pisa
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Castaldi, Carolina
- Dosi, Giovanni
- Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
Time of origin
- 2006
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