The Age Distribution of Firms in Ireland, 1960-2009
Abstract. This paper studies the age distribution of firms in Ireland from 1961 to 2009 using data on over 159,000 firms. I build a model which mixes a lognormal distribution of firm size with an exponential distribution of firm age to explain the evolution of these data. The model is fitted using maximum likelihood estimation, [...]
Also tagged Biology, Business, Education, Evolution, Maximum likelihood, Social Sciences, Statistics