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来源类型Working Paper
规范类型报告
DOI10.3386/w15957
来源IDWorking Paper 15957
An Alternative Theory of the Plant Size Distribution with an Application to Trade
Thomas J. Holmes; John J. Stevens
发表日期2010-04-29
出版年2010
语种英语
摘要There is wide variation in the sizes of manufacturing plants, even within the most narrowly defined industry classifications used by statistical agencies. Standard theories attribute all such size differences to productivity differences. This paper develops an alternative theory in which industries are made up of large plants producing standardized goods and small plants making custom or specialty goods. It uses confidential Census data to estimate the parameters of the model, including estimates of plant counts in the standardized and specialty segments by industry. The estimated model fits the data relatively well compared with estimates based on standard approaches. In particular, the predictions of the model for the impacts of a surge in imports from China are consistent with what happened to U.S. manufacturing industries that experienced such a surge over the period 1997--2007. Large-scale standardized plants were decimated, while small-scale specialty plants were relatively less impacted.
主题International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w15957
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/573633
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GB/T 7714
Thomas J. Holmes,John J. Stevens. An Alternative Theory of the Plant Size Distribution with an Application to Trade. 2010.
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