As an Editor, I am happy to announce that the summer issue of the Theoretical and Practical Research in Economic Fields has been published. There is my paper as well, pp. 86-93:
THE EVOLUTION OF FIRM SIZE DISTRIBUTION
Ivan O. KITOV
Institute for the Geospheres‟ Dynamics
Russian Academy of Sciences, Moscow, Russia
Significant differences in the evolution of firm size distribution for various industries in the United States have been revealed and documented. For theoretical considerations, this finding puts major constraints on the modelling of firm growth. For practical purposes, the observed differences create a solid basis for selective investment strategies.
Keywords: firm size distribution, Pareto distribution, the USA, evolution, investment
JEL Classification: L11, L17, G1