Boulhol, Hervé (contributor); … - 2006
parameter: 20 sectors x 3 periods x 3 size
classes, minus sector 19, first period, small firms due to lack of data.
These 179 … expressed as:
bµ
jsp
= α
1
Lag(IMPORT
jp
)+α
2
Lag(EXPFIRM
jsp
)+α
x
X
jsp
+e
j
+e
s
+e
p
+ξ
jsp
(10)
with j, s and p indexing …(IMPORT
jp
)+α
2
Lag(EXPFIRM
jsp
)+α
x
X
jsp
+e
j
+e
s
+e
p
+ξ
jsp
(11)
with j, s and p indexing sector, size and period …