@article{Bakucs:7813,
      recid = {7813},
      author = {Bakucs, Lajos Zoltan and Ferto, Imre},
      title = {GIBRAT'S LAW REVISITED IN A TRANSITION ECONOMY. THE  HUNGARIAN CASE},
      address = {2007},
      number = {689-2016-47217},
      series = {European Association of Agricultural Economists 104th  Seminar - 2007},
      pages = {11},
      year = {2007},
      abstract = {The paper investigates the validity of Gibrat's Law in  Hungarian agriculture. Employing various specifications  including OLS, two-step Heckman model and quantile  regressions our results strongly reject Gibrat's Law for  full sample. Estimations suggest that small farms tend to  grow faster than larger ones. However, splitting the sample  into two subgroups (corporate and family farms) we found  different results. For family farms however, only OLS  regression results reject Gibrat's Law, whilst the two-step  Heckman models and quantile regression estimates support  it. Finally, for corporate farms our results support the  Law regardless of the method or size measure used. Our  results indicate that there is no difference between family  farms and corporate farms according to the growth  trajectory.},
      url = {http://ageconsearch.umn.edu/record/7813},
      doi = {https://doi.org/10.22004/ag.econ.7813},
}