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Size and Growth of Firms
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500 largest industrial alternative measures analysis Assets Employment Equity cell cent level Chapter Cochran statistic collinearity concentration indices concentration measures conclusions consider corporations Assets Employment correlation coefficient dependent variable elasticity empirical evidence Employment Note equation executive compensation F-ratios firm size firm-size measure firms grow faster firms of different growth of firms heteroscedasticity Homogeneity of variances homoscedasticity hypothesis industrial corporations Assets interchangeability large firms largest firms largest industrial corporations linear model logarithmic model mean-square error measure listed measures of concentration measures of firm multicollinearity natural logarithm negative non-linear non-regulated firm number of observations OLS estimates Orthogonal regression estimates profit maximisation profit rates profit variability profitability measured profits and sales proportional rate of growth rate of return relationship between profitability residual variance respect return regulated firms sales and profits sample Samuels and Smyth second row significant small firms squared errors Table theoretical United Kingdom values variability of profit