Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/195413 
Year of Publication: 
2017
Citation: 
[Journal:] Revista de Métodos Cuantitativos para la Economía y la Empresa [ISSN:] 1886-516X [Volume:] 23 [Publisher:] Universidad Pablo de Olavide [Place:] Sevilla [Year:] 2017 [Pages:] 75-97
Publisher: 
Universidad Pablo de Olavide, Sevilla
Abstract (Translated): 
This paper aims to contrast the spillover effects in business failure derived from the geographic proximity among firms of the same sector. To get this purpose, we develop an empirical application based on the analysis of the join-count statistics on a sample of firms of service sector located in the municipality of Murcia (Spain). Our results show significant spatial autocorrelation pattern, therefore, the probability of failure in a firm not only depends on its internal characteristics, but also on the situation of failure of its vicinity peer companies. These results can be an interesting starting point in the development of papers which consider the interdependence effects among closer peer companies in business failure literature.
Subjects: 
Spatial autocorrelation
business failure
join-count test
JEL: 
C49
L80
R39
Creative Commons License: 
cc-by-sa Logo
Document Type: 
Article

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