González-Val, Rafael; Lanaspa, Luis; Sanz-Gracia, Fernando - In: Economics Letters 118 (2013) 2, pp. 367-369
This paper uses un-truncated city population data from six countries (the United States, Spain, Italy, France, England and Japan) to illustrate how parametric growth regressions can lead to biased results when testing for Gibrat’s law in city size distributions. The OLS results show...