The evolution of the distribution of plant size: Evidence from Luxemburg

Date

2006-12-01

Author

Bertinelli, Luisito
Cardi, Olivier
Pamukcu, Mehmet Teoman
Strobl, Eric

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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In a recent paper, [Cabral, L. M. B. and J. Mata, 2003, American Economic Review, 93, 1075-1090] using Portuguese manufacturing data have shown for the first time that the plant size distribution is significantly right-skewed at the early part of the life cycle and then changes to become more log-normal. Using a similar proxy for plant age we compare this stylised fact for both Luxembourg manufacturing and services. Use of plants' true age, however, reveals that the size distribution reverses back towards right-skewness for very old plants. We confirm the finding that the right-skewness is likely driven by financial constraints.

Subject Keywords

Economics and Econometrics, General Business, Management and Accounting

URI

https://hdl.handle.net/11511/56696

Journal

SMALL BUSINESS ECONOMICS

DOI

https://doi.org/10.1007/s11187-005-8571-z

Collections

Graduate School of Social Sciences, Article

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Citation Formats

L. Bertinelli, O. Cardi, M. T. Pamukcu, and E. Strobl, “The evolution of the distribution of plant size: Evidence from Luxemburg,” SMALL BUSINESS ECONOMICS, pp. 301–311, 2006, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/56696.