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The Determinants of Entry are not Independent of Start-up Size: Some evidence from Spanish manufacturing

Josep Maria Arauzo Carod and Agustí Segarra Blasco
Authors registered in the RePEc Author Service: Josep-Maria Arauzo-Carod ()

Working Papers from Universitat Rovira i Virgili, Department of Economics

Abstract: In this paper we explore the determinants of firm start-up size of Spanish manufacturing industries. The industries' barriers to entry affect the ability of potential entrants to enter the markets and the size range at which they decide to enter. In order to examine the relationships between barriers to entry and size we applied the quantile regression techniques. Our results indicate that the variables that characterize the structure of the market, the variables that are related to the behaviour of the incumbent firms and the rate of growth of the industries generate different barriers depending on the initial size of the entrants. Keywords: Entry, regression quantiles, start-up size. JEL classification: L110, L600

Keywords: Empreses -- Creació; Empreses -- Dimensió; Barreres per a entrar en un mercat; Anàlisi de regressió; Espanya (search for similar items in EconPapers)
Date: 2004
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