Document details

Regional business survival in Portugal: application of a cox proportional hazard model

Author(s): Nunes, Alcina ; Sarmento, Elsa

Date: 2017

Persistent ID: http://hdl.handle.net/10198/21179

Origin: Biblioteca Digital da UPB

Subject(s): Regional business survival; Cox proportional hazard model; Portugal


Description

This paper address the post-entry performance of firms for seven regions in Portugal, at the NUTTII level, by investigating the structural characteristics of survival, using a semi-parametric method, during the period 1985 to 2007. In order to approach the prevalence of some stylized facts and determinants of new firm survival, a new entrepreneurship database was produced following the application of the Eurostat/OECD methodology to Quadros de Pessoal. In the semi-parametric estimation, survival is related to seven explanatory variables and sector and year dummies. The main contribution of this work is the application of an internationally comparable methodology to a linked employer-employee dataset, which provides a regional overview of the firm and survival dynamics over an extended period of time while guaranteeing regional, national and international comparability.

Document Type Journal article
Language English
Contributor(s) Biblioteca Digital da UPB
CC Licence
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