O non cumprimento da lei de gibrat en economías en desenvolvementoO caso de ecuador no período 2000-2013

  1. SIMBAÑA-TAIPE, Luis Enrique 1
  2. RODRÍGUEZ-GULÍAS, María Jesús 2
  3. RODEIRO-PAZOS, David 3
  1. 1 Escuela Politécnica del Ejército
    info

    Escuela Politécnica del Ejército

    Sangolquí, Ecuador

    ROR https://ror.org/05j136930

  2. 2 Universidade da Coruña
    info

    Universidade da Coruña

    La Coruña, España

    ROR https://ror.org/01qckj285

  3. 3 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

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Journal:
Revista galega de economía: Publicación Interdisciplinar da Facultade de Ciencias Económicas e Empresariais

ISSN: 1132-2799

Year of publication: 2018

Volume: 27

Issue: 2

Pages: 85-98

Type: Article

DOI: 10.15304/RGE.27.2.5660 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

More publications in: Revista galega de economía: Publicación Interdisciplinar da Facultade de Ciencias Económicas e Empresariais

Abstract

Ecuador is of the Latin American countries experiencing significant changes inthe social and economic field in recent decades, becoming one of the most importanteconomies in the region. Therefore, it is relevant to know the existing relationshipsbetween the size and growth of companies in this country. This study accomplishes this bycontrasting Gibrat's law in a sample of 25,179 companies from all economic sectors for theperiod 2000-2013. We apply the generalized method of moments in two growth modelsand it is used as a measure of growth regarding both sales and employment. Findingsshow that the growth rates of large companies are lower than those of small companies. Inaddition, age has a non-linear relationship, while in the first years of life the relationship isnegative, at a certain age changes to positive. This research provides evidence for theorientation of public policies in developing countries.

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