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Firm Survival in the German Automobile Industry
The authors apply methods of duration analysis to investigate determinants of firm survival in the German automobile industry during 1886-1939. Results show that the forces that shape 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 lower risk of exit.
Link
http://www.wiwi.uni-jena.de/Papers/wp-sw0804.pdf