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Investigating the Exponential Age Distribution of Firms [Dataset]

Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)

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Title Investigating the Exponential Age Distribution of Firms [Dataset]
 
Identifier https://doi.org/10.7910/DVN/CUSSQM
 
Creator Alex Coad
 
Publisher Harvard Dataverse
 
Description While several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the upper tail, the oldest firms are older than the exponential would have predicted. Furthermore, the age distribution of international airline companies displays multimodality. Although we focused on departures from the exponential, we found that the exponential was a useful reference point and endorse it as an appropriate benchmark for future work on industrial structure.
 
Subject Age distribution
Exponential distribution
Firm size distribution
Survival
 
Date 2010
 
Type aggregate data