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Empirica

, Volume 35, Issue 1, pp 1–24 | Cite as

Firm survival: methods and evidence

  • Miguel C. Manjón-AntolínEmail author
  • Josep-Maria Arauzo-Carod
Original Paper

Abstract

This paper surveys the Industrial Organization literature on firm survival. We find that, in retrospect, the econometric specifications used in this area have progressively become more sophisticated, addressing issues such as discrete time, unobserved heterogeneity and competing risks. We also identify a number of firm- and industry-specific covariates that provide largely consistent results across samples, countries and periods. On the other hand, the evidence is less clear-cut with regard to ownership and spatial factors.

Keywords

Duration models Industry dynamics Survival 

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Copyright information

© Springer Science+Business Media, LLC. 2007

Authors and Affiliations

  • Miguel C. Manjón-Antolín
    • 1
    Email author
  • Josep-Maria Arauzo-Carod
    • 1
  1. 1.QURE – Department of EconomicsRovira i Virgili UniversityReusSpain

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