model parameters with observations on managerial earnings and the size-distribution of plants in the United States, and then … use our framework to quantify the importance of (i) lower exogenous productivity differences, and (ii) the size … relative contribution of exogenous productivity versus size-dependent distortions for output and plant-size differences between …

Kwiatkowski et al. (1992) and Leybourne and McCabe (1994) may cause extreme size distortions, if the model under the null … hypothesis is highly persistent. The existence of such size distortions has not been recognized in the previous literature. We … the recent float. Size distortions of tests of the unit root null hypothesis may be overcome by the use of finite …