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Recent studies show that the likelihood of survival differs significantly across firms. Both firm and industry characteristics are hypothesized to account for this heterogeneity. Using a longitudinal database of manufacturing firms we investigate whether firm or industry characteristics...
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Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica … productive than non-surviving firms from this cohort in the start year. Results for Spain support all three hypotheses. This …
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Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica … productive than non-surviving firms from this cohort in the start year. Results for Spain support all three hypotheses. This …"Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn …
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