LIFE DURATION OF NEW FIRMS
LIFE DURATION OF NEW FIRMS
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DOI：
10.2307/2950567
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发表时间：
1994-09-01
影响因子：
1.3
通讯作者：
PORTUGAL, P
中科院分区：
文献类型：
--
作者：
MATA, J;PORTUGAL, P
我们跟踪了1983年在葡萄牙制造业中创建的公司，并研究了它们生命周期的决定因素。其中五分之一的人在出生后第一年死亡，只有50%的人能活到四年。持续时间和有限因变量模型被用来确定行业和企业特定变量的相对重要性，以解释企业诞生和从经济活动中消失之间的时期。新企业失败与企业启动规模、企业经营的工厂数量和行业增长率呈负相关，与进入行业的程度呈正相关。
We follow firms created in Portuguese manufacturing in 1983 and study the determinants of their lifetime. One fifth of them died during the first year of their lives, and only 50% survived for four years. Duration and limited-dependent variable models are employed to ascertain the relative importance of industry and firms specific variables to explain the period between firm birth and its disappearance from economic activity. New firm failure varies negatively with firm start-up size, the number of plants operated by the firm and the industry growth rate, and positively with the extent of entry in the industry.