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A nonparametric analysis of firm size, leverage and labour productivity distribution dynamics

✍ Scribed by Huynh, Kim P.; Jacho-Chávez, David T.; Petrunia, Robert J.; Voia, Marcel C.

Book ID
125341087
Publisher
Springer-Verlag
Year
2014
Tongue
English
Weight
378 KB
Volume
48
Category
Article
ISSN
0377-7332

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✍ Jean-Paul Chavas; Gilbert Magand 📂 Article 📅 1988 🏛 John Wiley and Sons 🌐 English ⚖ 832 KB

This article develops a time-varying Markov process of the aggregate size distribution of firms in an industry. This is used to specify and estimate an econometric model of the regional evolution of the number and size of US dairy farms. The empirical results provide evidence concerning the effects