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The estimates in specifications I and III pertain only to continuing plants.
Estimates based on the model with wage adjustment (continuing plants only).
The evolution of adjustment costs along the plant life-cycle is depicted in Figure 3 for continuing plants.
The estimation is done separately for continuing plants and all plants (continuing and exiting) to assess this bias.
Panel (a) considers estimates from the models using continuing plants only, corresponding to specifications I and III in Table 3.
For each census year t, continuing plants are the ones that are observed consecutively in years t−5,t, and t+5.
Similar(51)
Substantial reduction of steam load demands consistent with continuing plant operations.
The two continued plant-hunting in the American West.
During this period, the chamber required injections of CO2 to continue plant growth.
He said he also planned to continue planting durum wheat and wearing his old work boots.
Next week we'll continue planting towards the Beers St/Edgewood Ave intersection.
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