A semi-parametric survival analysis of business demography dynamics in Portugal

We address the post-entry performance of new Portuguese firms by investigating the structural characteristics of the hazard and survival functions, using semi-parametric survival analysis. It is based on the application of the entrepreneurship definitions and methodology of the “Manual on Business D...

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Bibliographic Details
Main Author: Nunes, Alcina (author)
Other Authors: Sarmento, Elsa (author)
Format: conferenceObject
Language:eng
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/10198/1831
Country:Portugal
Oai:oai:bibliotecadigital.ipb.pt:10198/1831
Description
Summary:We address the post-entry performance of new Portuguese firms by investigating the structural characteristics of the hazard and survival functions, using semi-parametric survival analysis. It is based on the application of the entrepreneurship definitions and methodology of the “Manual on Business Demography Statistics” (OECD/Eurostat, 2007) to the Quadros de Pessoal dataset. The main contribution of this work is the application of a recent internationally comparable methodology for entrepreneurship to provide a multidimensional overview of firm and survival dynamics over a period of eighteen years, while guaranteeing international comparability. By correcting heterogeneity with a different specification model, we obtain stronger magnitudes of the hazard ratios found previously.