Gibrat’s law and Jovanovic’s learning theory
This article tests the validity of Gibrat’s Law and Jovanovic’s learning theory for growing small and medium-sized firms (SMEs) in post-conflict economy of Kosovo. Despite evolving body of evidence suggesting that Gibrat’s Law does not hold, there is a lack of empirical evidence from transitional an...
| Permalink: | http://skupni.nsk.hr/Record/nsk.NSK01001024540/Details |
|---|---|
| Matična publikacija: |
Ekonomski pregled (Online) 69 (2018), 3 ; str. 251-268 |
| Glavni autori: | Krasniqi, Besnik A. (Author), Lajqi, Saranda |
| Vrsta građe: | e-članak |
| Jezik: | eng |
| Predmet: | |
| Online pristup: |
https://doi.org/10.32910/ep.69.3.3 Elektronička verzija članka Elektronička verzija članka |
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| 245 | 1 | 0 | |a Gibrat’s law and Jovanovic’s learning theory |h [Elektronička građa] : |b an empirical test for small firms in a post-conflict economic setting / |c Besnik A. Krasniqi, Saranda Lajqi. |
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| 504 | |a Bibliografija: str. 264-267 | ||
| 504 | |a Sažetak | ||
| 520 | |a This article tests the validity of Gibrat’s Law and Jovanovic’s learning theory for growing small and medium-sized firms (SMEs) in post-conflict economy of Kosovo. Despite evolving body of evidence suggesting that Gibrat’s Law does not hold, there is a lack of empirical evidence from transitional and post-conflict economies. This study provides econometric analysis of the relationship of age, size and growth of SMEs. The article is based on pooled SME surveys conducted by Riinvest Institute (2004- 2006). Econometric findings show that Gibrat’s Law does not hold in all model specifications while support the conventional Jovanovic’s learning theory based on growth-size age model suggesting important policy implications for promotion of small firms in Kosovo. | ||
| 520 | |a Ovaj članak testira validnost Gibratovog zakona i Jovanovićeve teorije učenja za rastuća mala i srednja poduzeća u post-konfliktnom gospodarstvu Kosova. Iako brojna istraživanja sugeriraju kako Gibratov zakon nije prihvaćen, nedostaju empirijska istraživanja iz tranzicijskih i post-konfliktnih ekonomija. Ovo istraživanje pruža ekonometrijsku analizu odnosa starosti, veličine i rasta malih i srednjih poduzeća. Članak se temelji na istraživanju malih i srednjih poduzeća koje je proveo Riinvest institut (2004-2006). Ekonometrijski rezultati ukazuju kako Gibratov zakon nije dokazan, dok je prihvaćena konvencionalna Jovanovićeva teorija učenja temeljena na modelu rast veličina-starost što rezultira važnim implikacijama za promociju malih poduzeća na Kosovu. | ||
| 653 | 0 | |a Poduzeća |a Post-konfliktne države |a Tranzicijske ekonomije | |
| 653 | 5 | |a Kosovo | |
| 700 | 1 | |a Lajqi, Saranda |4 aut | |
| 773 | 0 | |t Ekonomski pregled (Online) |x 1848-9494 |g 69 (2018), 3 ; str. 251-268 |w nsk.(HR-ZaNSK)000534041 | |
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