Manufacturing-Plant Closures: A Dynamic Survival Model

P N O'Farrell and R Crouchley
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P N O'Farrell: Department of Town and Country Planning, Heriot-Watt University, Lauriston Place, Edinburgh EH3 9DF, Scotland
R Crouchley: Department of Sociology, University of Surrey, Guildford, Surrey GU2 5XH, England

Environment and Planning A, 1987, vol. 19, issue 3, 313-329

Abstract: In this paper the phenomenon of industrial closures among new plants which commenced production in Ireland between 1973 and 1981 is analysed. A major aim of the research is to develop a dynamic survival model of industrial plant closure which permits the introduction of time-constant and time-varying covariates. Results indicate that there is no duration-of-stay effect; that new British-owned branches are highly vulnerable; that grant aid reduces the chances of early closure; and that new clothing and footwear plants are more likely to close than are plants in other sectors.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:19:y:1987:i:3:p:313-329

DOI: 10.1068/a190313

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