4.5 Article

Exponential distribution of sales per employee (per capita) of top state-owned and public companies in Mexico

Journal

Publisher

WORLD SCIENTIFIC PUBL CO PTE LTD
DOI: 10.1142/S0129183124500244

Keywords

Firms size; income and wealth distribution; econophysics

Ask authors/readers for more resources

Magazine Expansion annually releases its ranking of the top 500 leading companies in Mexico. The distribution of sales per employee follows a two-class pattern, with a quasi-Pareto power-law distribution in the higher range and an exponential distribution in the lower range, similar to income and wealth distributions in many countries. This suggests a correlation between employees' wages/salaries and their employers' sales revenue per employee. The privatization of most state-owned enterprises in Mexico has resulted in a relatively small number of SOEs on this list.
Magazine Expansion publishes yearly its list of leading 500 top companies in Mexico. Its cumulative probability sales distribution per employee (per capita) exhibits a two-class structure: a quasi-Pareto power-law in the higher part and an exponential in the lower part which is qualitatively similar to income and wealth distributions in many countries of the world. Therefore, we posit that the income in wages and salaries of many Mexican workers is correlated to the sales revenue per employee of their corresponding employer firms. The relatively small number of state-owned enterprises (SOE) in this list is due to the privatization of most of the Mexican SOE during the past decades.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.5
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available