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We propose that the effect of market concentration on firm survival is different according to whether an industry is … rates reduce the survival of new plants but only in markets marked by low entry and exit rates. Specifically, a 10 percent … increase in the 5-firm concentration ratio in a dynamic market raises the survival rate of new ventures by approximately 2 …
Persistent link: https://www.econbiz.de/10005012880
have higher survival rates and their productivity growth is also higher. The strongest contribution is by productivity …
Persistent link: https://www.econbiz.de/10005700593
We examine the differential effects of financial status and exporting activity on the likelihood of survival for firms … direct impact of financial characteristics and different facets of exporting activity on the likelihood of survival? Do the … sensitivities of survival incidence to financial variables vary with the exporting status of firms? We find strong evidence that …
Persistent link: https://www.econbiz.de/10010982708
While several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the...
Persistent link: https://www.econbiz.de/10008555994