Firm survival in the German automobile industry

被引：2
|
作者：
Cantner U. [1 ]
Dreßler K. [1 ]
Krüger J.J. [1 ]
机构：
[1] Department of Economics, Friedrich-Schiller-University Jena, D-07743 Jena
来源：
Empirica | 2006年 / 33卷 / 1期
关键词：
Automobile industry; Experience; Firm survival; Hazard rates;
D O I：
10.1007/s10663-006-9006-z
中图分类号：
学科分类号：
摘要：
In this paper, methods of duration analysis are applied to investigate determinants of firm survival in the German automobile industry during the period 1886-1939. A new comprehensive data set has been assembled in order to secure data comparable to that for the US automobile industry. Our results show that the forces shaping the survival pattern of firms over the life cycle are quite similar in both countries, i.e. early entry in the life cycle and prior experience are associated with a lower risk of exit. This finding holds equally when parametric, semiparametric and nonparametric methods are applied. © Springer Science+Business Media B.V. 2006.
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页码：49 / 60
页数：11
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