Mobility of Top 500 Chinese Firms

摘要

In this paper, we examined the micro-dynamics under the stable size distribution of top 500 Chinese enterprises from 2002 to 2009. The data shows the overall distribution of firm size are quite stable even after financial crisis, while firms' revenue, rank-order and share change rapidly. Thus, we illustrate the micro changes of top 500 Chinese firms in the clock form of revenue, rank and share respectively. The corresponding average variations over time are quantified by absolute and relative mobility indexes and comparisons of them are also present in the clock form.