EconPapers    
Economics at your fingertips  
 

The Survival of New Plants: Start-up Conditions and Post-entry Evolution

Paulo Guimaraes (), José Mata () and Pedro Portugal

No 1203, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper examines the longevity of entrants. We find size to be an important determinant of the chances of survival, this being particularly relevant to de novo entrants as compared to entry by established firms. Current size is also found to be a better predictor of failure than initial size. Moreover, our findings indicate that, after controlling for size differences, past growth matters for survival suggesting a partial adjustment process for firm size in the post entry period. Finally, new plants are more likely to live longer if they enter growing industries or industries with little entry activity.

Keywords: Duration; Entry; Survival (search for similar items in EconPapers)
JEL-codes: L11 L60 (search for similar items in EconPapers)
Date: 1995-06
References: Add references at CitEc
Citations: View citations in EconPapers (261) Track citations by RSS feed

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=1203 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: The survival of new plants: Start-up conditions and post-entry evolution (1995) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:1203

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... ers/dp.php?dpno=1203

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2020-01-18
Handle: RePEc:cpr:ceprdp:1203