公司成长与规模是否遵循Gibrat法则——对我国非寿险公司的实证检验被引量：15

Firm Growth and Size:Is It Consistent with Gibrat's Law?——Evidence from Non-Life Insurance Companies in China

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摘要基于2000年至2004年我国非寿险公司的数据,本文研究了我国非寿险业是否遵循Gibrat法则,即公司成长是否独立于规模。结果发现,我国非寿险业接受Gibrat法则。投入成本对公司成长的影响显著为负,高投入成本会阻止公司资产规模的增长;利润率对公司成长的影响不显著,没有证据表明利润对公司规模有显著的支撑或抑制作用;公司产出组合对成长存在较为显著的影响,业务的专业化经营,对公司的成长有益;所有制形式对公司成长的影响并不显著。 Based on the data of non-life insurance companies in China from 2000 to 2004, this paper investigate whether non-life insurance industry in China is consistent with Gibrat＇s law. In other words, is growth independent of size？ We find, Gibrat＇s law is supported in non-life insurance industry. Input cost is significantly negative to growth, higher input cost can prohibit the growth of size ; Profitability is not significant, there is no evidence that profit has supporting or restraining effect on the company＇s size. The output mix is a little significant to growth, the specialization of operation is helpful to the growth. Ownership has no effect on the growth of companies.

作者赵桂芹周晶晗

机构地区上海财经大学金融学院

出处《产业经济研究》 2007年第3期11-16,共6页 Industrial Economics Research

基金上海市社会科学青年课题(项目编号:2006ESH001)

关键词 Gibrat法则投入成本产出组合 Gibrat＇s law input cost output mix

分类号 F276.6 [经济管理—企业管理]

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参考文献11

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