THE RISE AND FALL OF THE SIZE OF FIRMS

@inproceedings{Tra2000THERA,
  title={THE RISE AND FALL OF THE SIZE OF FIRMS},
  author={Fabrizio Tra{\`u}},
  year={2000}
}
This paper tries to cast a theoretical bridge between two important phenomena which have characterised the evolution of advanced capitalist countries over the second half of this century: namely, the shift from the so-called Golden Age to the “unstable” macroeconomic environment of the '70s and the '80s, and the reversal of the long run pattern of development of the size distribution of industrial firms, firstly oriented towards a growing relevance of big business, and then turning into what… CONTINUE READING

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