The Determinants of Survival of Spanish Manufacturing Firms

Autor:	Juan Alberto Sanchis Llopis, Amparo Sanchis Llopis, Silviano Esteve Pérez
Rok vydání:	2004
Předmět:	Estimation Organizational Behavior and Human Resource Management Economics and Econometrics Proportional hazards model Management of Technology and Innovation Strategy and Management Economics Manufacturing firms Demographic economics Industrial organization
Zdroj:	Review of Industrial Organization. 25:251-273
ISSN:	1573-7160 0889-938X
DOI:	10.1007/s11151-004-1972-3
Popis:	This paper analyses the factors determining Spanish manufacturing firms’ survival–and exit. The data are drawn from the survey Encuesta sobre Estrategias Empresariales for the period 1990–1999. The methodology includes both non-parametric techniques and the estimation of a Cox proportional hazards model (CPHM). Our results suggest that the probability of exit is higher for small firms and also for young and mature firms. Furthermore, exporting firms and firms performing R&D activities enjoy better survival prospects.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::dba2d755e75edfd853ddfe7cf923749b https://doi.org/10.1007/s11151-004-1972-3 Zobrazit plný text záznamu Plný text ve formátu PDF