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dc.contributor.authorFacanha, Luis Otávioen_US
dc.contributor.authorResende, Marceloen_US
dc.contributor.authorCardoso, Vicenteen_US
dc.contributor.authorSchröder, Bruno H.en_US
dc.date.accessioned2011-05-24en_US
dc.date.accessioned2011-06-29T11:14:02Z-
dc.date.available2011-06-29T11:14:02Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/46249-
dc.description.abstractThe paper investigates survival patterns of Brazilian franchising firms during the 1994-1999 period. First, at a more descriptive level one considered the (percentage) survival of newly created franchisors in the following years. The evidence indicated a drastic decay in survival after only a few years and contrasts with the higher survival of firms in the franchising firms in more developed economies. Survival functions were obtained by means of the Kaplan-Meier estimator for the selected sectors and indicated sharp declines in survival rates over time but with differential patterns across sectors. Finally, an econometric analysis based on Cox's proportional hazard model was considered by exploring explanatory variables pertaining size, age and support regarding legal aspects, location choice and training. The evidence indicates that those supports provided by the franchisor have a positive impact on the probability of survival of new firms whereas there is partial evidence favoring a positive role for firm size on survival.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper: Industrial Organisation 3388en_US
dc.subject.jelL81en_US
dc.subject.jelM13en_US
dc.subject.ddc330en_US
dc.subject.keywordfranchisingen_US
dc.subject.keywordsurvivalen_US
dc.subject.stwFranchisingen_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwBrancheen_US
dc.subject.stwBetriebsgrößeen_US
dc.subject.stwSchätzungen_US
dc.subject.stwBrasilienen_US
dc.titleSurvival of new firms in the Brazilian franchising segment: An empirical studyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn659523973en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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