Firm Start-Up Size: A Conditional Quantile Approach

José Mata*, José A. F. Machado

*Corresponding author af dette arbejde

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstrakt

Using data on the individual firms created in Portugal, we evaluate the importance of industry attributes for the distribution of firm start-up size. By estimating conditional quantile functions we take ‘snap-shots’ of the conditional distribution of new firms' dimension at different quantiles. This approach provides answers that usual methods do not, namely, how different entry is at ‘small’ and ‘large’ scales. We find that industry attributes, such as scale economies and turbulence, are more important for the largest entrants.
OriginalsprogEngelsk
TidsskriftEuropean Economic Review
Vol/bind40
Udgave nummer6
Sider (fra-til)1305-1323
Antal sider19
ISSN0014-2921
DOI
StatusUdgivet - jun. 1996
Udgivet eksterntJa

Emneord

  • Entry
  • Industry turbulence
  • Firm start-up size
  • Sunk costs
  • Regression quantiles
  • Conditional quantile function

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