This paper provides a new interpretation of resilience in the light of the Gibrat’slaw. Resilience refers to the ability of a system to react to shocks, returning to the initial state. Gibrat’s law states that the growth of a particular entity is independent ofits initial size. The occurrence of Gibrat’s law should therefore reduce the ability of an economic system to resist or to bounce back to the conditions that precede the shock.Our results show that – even if not perfectly – we can define a relationship between resilience and Gibrat’s law for the Italian regions

Resilienza e legge di Gibrat: considerazioni metodologiche ed applicazioni empiriche

Modica M;
2020

Abstract

This paper provides a new interpretation of resilience in the light of the Gibrat’slaw. Resilience refers to the ability of a system to react to shocks, returning to the initial state. Gibrat’s law states that the growth of a particular entity is independent ofits initial size. The occurrence of Gibrat’s law should therefore reduce the ability of an economic system to resist or to bounce back to the conditions that precede the shock.Our results show that – even if not perfectly – we can define a relationship between resilience and Gibrat’s law for the Italian regions
File in questo prodotto:
File Dimensione Formato  
2020_SciReg_19_Modica.pdf

non disponibili

Tipologia: Versione Editoriale (PDF)
Licenza: Non pubblico
Dimensione 1.32 MB
Formato Adobe PDF
1.32 MB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/20.500.12571/7274
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact