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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/24022
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Prantl, Susanne | | en_US |
| dc.date.accessioned | | 2009-02-16T14:47:57Z | | - |
| dc.date.available | | 2009-02-16T14:47:57Z | | - |
| dc.date.issued | | 2003 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/24022 | | - |
| dc.description.abstract | | Exploiting the unique economic situation after German unification, I investigate how exit decisions deviate between new firms in a transition and a comparatively stable market environment. Two competing exit mechanisms are considered: entrepreneurial self-selection via voluntary liquidation and external selection based on insolvency regulation. Distinguishing between the competing exit modes proves to be crucial in semi-parametric propor- tional hazard-rate estimations. Comparing East and West Germany, I find distinct education and size effects and a higher share of bankruptcy-related liquidations in East Germany. These results are argued to reflect different industry structures, capital and labor market conditions in both parts of Germany. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Zentrum für Europäische Wirtschaftsforschung (ZEW) Mannheim | | - |
| dc.relation.ispartofseries | | ZEW Discussion Papers 03-72 | | en_US |
| dc.subject.jel | | C14 | | en_US |
| dc.subject.jel | | L20 | | en_US |
| dc.subject.jel | | P30 | | en_US |
| dc.subject.jel | | P52 | | en_US |
| dc.subject.jel | | C41 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Exit | | en_US |
| dc.subject.keyword | | Bankruptcy | | en_US |
| dc.subject.keyword | | Voluntary Liquidation | | en_US |
| dc.subject.keyword | | Transition Economy | | en_US |
| dc.subject.keyword | | Duration Analysis | | en_US |
| dc.subject.stw | | Marktaustritt | | en_US |
| dc.subject.stw | | Liquidation | | en_US |
| dc.subject.stw | | Konkurs | | en_US |
| dc.subject.stw | | Unternehmensgründung | | en_US |
| dc.subject.stw | | Vergleich | | en_US |
| dc.subject.stw | | Alte Bundesländer | | en_US |
| dc.subject.stw | | Neue Bundesländer | | en_US |
| dc.subject.stw | | Deutschland | | en_US |
| dc.title | | Bankruptcy and Voluntary Liquidation: Evidence for New Firms in East and West Germany after Unification | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 378895923 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:zewdip:1682 | | - |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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