Abstract: |
In this study, we investigate interfirm networks by employing a unique dataset
containing information on more than 800,000 Japanese firms, about half of all
corporate firms currently operating in Japan. First, we find that the number
of relationships, measured by the indegree, has a fat-tail distribution,
implying that there exist "hub" firms with a large number of relationships.
Moreover, the indegree distribution for those hub firms also exhibits a fat
tail, suggesting the existence of "super-hub" firms. Second, we find that
larger firms tend to have more counterparts, but that the relationship between
firms' size and the number of their counterparts is not necessarily
proportional; firms that already have a large number of counterparts tend to
grow without proportionately expanding it. |