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.

Sprache
Englisch

Erschienen in
Series: LEM Working Paper Series ; No. 2004/18

Klassifikation
Wirtschaft
Econometric and Statistical Methods and Methodology: General
Semiparametric and Nonparametric Methods: General
Macroeconomic Analyses of Economic Development
Thema
international distribution of income
international growth rates
scaling laws
growth volatility
exponential tails
Einkommensverteilung
International
Wirtschaftswachstum
Unternehmenswachstum
Welt

Ereignis
Geistige Schöpfung
(wer)
Castaldi, Carolina
Dosi, Giovanni
Ereignis
Veröffentlichung
(wer)
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
(wo)
Pisa
(wann)
2006

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Castaldi, Carolina
  • Dosi, Giovanni
  • Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)

Entstanden

  • 2006

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