Reference : The Evolution of the Distribution of Plant Size: Evidence from Luxemburg
Scientific journals : Article
Business & economic sciences : Special economic topics (health, labor, transportation…)
The Evolution of the Distribution of Plant Size: Evidence from Luxemburg
Bertinelli, Luisito mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Cardi, Olivier [> >]
Pamukçu, Mehmet Teoman [> >]
Strobl, Eric Albert [> >]
Small Business Economics
Springer Science & Business Media B.V.
Yes (verified by ORBilu)
The Netherlands
[en] financial constraints; plant size distribution; F23; L11; L60
[en] 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. Copyright Springer 2006

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