Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/55540
Authors: 
Façanha, Luis Otávio
Resende, Marcelo
Cardoso, Vicente
Year of Publication: 
2012
Series/Report no.: 
CESifo working paper: Industrial Organisation 3735
Abstract: 
The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as reference the 1996-2005 period. The econometric analysis relies on time-varying version of the proportional hazard rate model that controls for unobserved heterogeneity. The evidence mostly corroborates previous findings for developed countries. Salient results include the positive role played by firm size, industry size and industry growth on survival and yet the negative influence exerted by industrial concentration and entry rate.
Subjects: 
survival
small and medium enterprises
manufacturing industry
JEL: 
L25
M21
Document Type: 
Working Paper

Files in This Item:
File
Size
158.89 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.