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http://hdl.handle.net/10198/4738
Título: | A brief survival analysis framework for portuguese firms |
Autor: | Nunes, Alcina Sarmento, Elsa |
Palavras-chave: | Survival analysis Firm dynamics Entrepreneurship |
Data: | 2010 |
Editora: | Clute Institute |
Citação: | Nunes, Alcina; Sarmento, Elsa (2010) - A brief survival analysis framework for portuguese firms. In The EABR (Business) Conference and The ETLC (Education) Conference. Dublin, Ireland. ISSN 1539-8757. |
Resumo: | We address the post-entry performance of new Portuguese firms by investigating the structural characteristics of the hazard and survival functions, using non-parametric and semi-parametric survival analysis for the total economy and its broad sectors. In order to approach the prevalence of some stylized facts and determinants of new firm survival, a new entrepreneurship database was produced, using the administrative data of Quadros de Pessoal, following the Eurostat/OECD´s internationally comparable business demography methodology. In line with the literature, we find that firms that start small and experience faster post-entry growth, face a higher probability of survival. Firm’s current size dimension matters particularly for the services sector probability of survival. In industries characterized by high entry rates, post-entry survival is more difficult. This happens mostly in Agriculture and the Construction sectors in Portugal. We find a different result from the literature, for the effect of industry growth in survival rates. Firms operating in industries which are growing faster, seem to suffer from a higher probability of failure. The combined effect of turbulence and entry and growth variables help explaining this unexpected effect of industry growth on survival probabilities. |
Peer review: | yes |
URI: | http://hdl.handle.net/10198/4738 |
ISSN: | 1539-8757 |
Aparece nas colecções: | ESTiG - Resumos em Proceedings Não Indexados à WoS/Scopus |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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EABRDublin2010_Nunes&Sarmento.pdf | 30,62 kB | Adobe PDF | Ver/Abrir |
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