Arbeitspapier

Determinants of survival of newly created SMEs in the Brazilian manufacturing: An econometric study

The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as reference the 1996-2005 period. The econometric analysis relies on time-varying version of the proportional hazard rate model that controls for unobserved heterogeneity. The evidence mostly corroborates previous findings for developed countries. Salient results include the positive role played by firm size, industry size and industry growth on survival and yet the negative influence exerted by industrial concentration and entry rate.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 3735

Classification
Wirtschaft
Firm Performance: Size, Diversification, and Scope
Business Economics
Subject
survival
small and medium enterprises
manufacturing industry
Unternehmensgründung
Klein- und Mittelunternehmen
Mittelständische Industrie
Unternehmensentwicklung
Schätzung
Brasilien

Event
Geistige Schöpfung
(who)
Façanha, Luis Otávio
Resende, Marcelo
Cardoso, Vicente
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2012

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Façanha, Luis Otávio
  • Resende, Marcelo
  • Cardoso, Vicente
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2012

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