Using comprehensive data for West Germany, this paper investigates the determinants of establishment exit. We find that between 1975 and 2006 the average exit rate has risen considerably. In order to test various “liabilities” of establishment survival identified in the literature, we...

Using comprehensive data for West Germany, this paper investigates the determinants of establishment exit. We find that between 1975 and 2006 the average exit rate has risen considerably. In order to test various "liabilities" of establishment survival identified in the literature, we analyze...

Using comprehensive data for West Germany, this paper investigates the determinants of establishment exit. We find that between 1975 and 2006 the average exit rate has risen considerably. In order to test various "liabilities" of establishment survival identified in the literature, we analyze...

Wissenschaftliche Analysen zum Thema Marktaustritte von Unternehmen befassen sich aufgrund der Verfügbarkeit amtlicher Daten in vielen Fällen mit Unternehmensinsolvenzen. Die weitaus größere Gruppe von Marktaustritten besteht allerdings aus so genannten freiwilligen Schließungen.