New firm survival in developing countries: evidence from Kosovo
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New firm survival in developing countries: evidence from Kosovo

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New firm survival in developing countries: evidence from Kosovo

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dc.contributor.author Esteve Pérez, Silviano
dc.contributor.author Sahiti, Fadil
dc.date.accessioned 2020-05-10T11:13:43Z
dc.date.available 2020-05-10T11:13:43Z
dc.date.issued 2019
dc.identifier.uri https://hdl.handle.net/10550/74550
dc.description.abstract This paper examines both newborn firm survival and firm turnover in Kosovo using the population of new firms and registry information on active firms from 2008 to 2012. Survival analysis is employed to analyze the impact of firm- and industry-level characteristics on survival. We find that the hazard rate has an inverted U-shape relationship with both firm age and firm size. The risk of failure increases over the first two years and later decreases. In addition, firms with one employee and more than 10 employees enjoy better survival prospects than medium-sized companies. Interestingly, very large firms do not face fewer risks than very small companies. When compared to other developing countries, entry rates are lower but survival rates are higher. These features seem to be a distinctive characteristic of Kosovo.
dc.language.iso eng
dc.relation.ispartof Developing Economies, 2019
dc.rights.uri info:eu-repo/semantics/openAccess
dc.source Esteve Pérez, Silviano Sahiti, Fadil 2019 New firm survival in developing countries: evidence from Kosovo Developing Economies
dc.subject Economia
dc.title New firm survival in developing countries: evidence from Kosovo
dc.type info:eu-repo/semantics/article
dc.date.updated 2020-05-10T11:13:43Z
dc.identifier.doi https://doi.org/10.1111/deve.12209
dc.identifier.idgrec 138568

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