The Evolution of the Distribution of Plant Size:Evidence from Luxembourg

Bertinelli, Luisito and Cardi, Olivier and Strobl, Eric and Pamukçu, Teoman (2006) The Evolution of the Distribution of Plant Size:Evidence from Luxembourg. Small Business Economics, 27 (4). pp. 301-311. ISSN 0921-898X

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Abstract

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.

Item Type: Journal Article
Journal or Publication Title: Small Business Economics
Uncontrolled Keywords: /dk/atira/pure/subjectarea/asjc/2000/2002
Subjects:
Departments: Lancaster University Management School > Economics
ID Code: 127360
Deposited By: ep_importer_pure
Deposited On: 10 Sep 2018 09:18
Refereed?: Yes
Published?: Published
Last Modified: 01 Jan 2020 11:31
URI: https://eprints.lancs.ac.uk/id/eprint/127360

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