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Título: A semi-parametric survival analysis of business demography dynamics in Portugal
Autor: Nunes, Alcina
Sarmento, Elsa
Palavras-chave: Entrepreneurship
Survival analysis
Complementary log-log model
Business dynamics
Issue Date: 2010
Editora: Ministério da Economia, da Inovação e do Desenvolvimento, Ministério das Finanças e da Administração Pública
Citação: Nunes, Alcina; Sarmento, Elsa (2010) - A semi-parametric survival analysis of business demography dynamics in Portugal. Boletim Mensal de Economia Portuguesa. ISSN 1646-9062. p.55-65
Resumo: We address the post-entry performance of new Portuguese firms by investigating the structural characteristics of the hazard and survival functions, using semi-parametric survival analysis. It is based on the application of the entrepreneurship definitions and methodology of the “Manual on Business Demography Statistics” (OECD/Eurostat, 2007) to the Quadros de Pessoal dataset. The main contribution of this work is the application of a recent internationally comparable methodology for entrepreneurship to provide a multidimensional overview of firm and survival dynamics over a period of eighteen years, while guaranteeing international comparability. By correcting heterogeneity with a different specification model, we obtain stronger magnitudes of the hazard ratios found previously.
ISSN: 1646-9062
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