The determinants of survival of Spanish manufacturing firms

被引：128

作者：

Pérez, SE ^{[1
]}

Llopis, AS ^{[1
]}

Llopis, JAS ^{[1
]}

机构：

[1] Univ Valencia, E-46003 Valencia, Spain

来源：

REVIEW OF INDUSTRIAL ORGANIZATION | 2004年 / 25卷 / 03期

关键词：

exit; survival analysis;

D O I：

10.1007/s11151-004-1972-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

页码：251 / 273

页数：23

共 57 条

[1] The two views of small firms in industry dynamics: a reconciliation [J].