An Alternative Theory of the Plant Size Distribution , with Geography and Intra-and International Trade

@inproceedings{Holmes2012AnAT,
  title={An Alternative Theory of the Plant Size Distribution , with Geography and Intra-and International Trade},
  author={Thomas J. Holmes},
  year={2012}
}
There is wide variation in the sizes of manufacturing plants, even within the most narrowly defined industry classifications. Standard theories attribute 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. The model fits the data well. In particular, the… CONTINUE READING
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Supplementary Online Appendix for ‘An Alternative Theory of the Plant Size Distribution, with Geography and Intra- and International Trade’ with Data and Programs.

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