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Probability of Survival of New Manufacturing Plants: the Case of Chile
The paper studies the probability of survival of the manufacturing plants that start producing in Chile in the period 1979-1999 using a proportional hazards model. Opposing previous empirical international evidence, the survival diminishes with age, initial size, and with the rate of growth of the plant. It also diminishes with the regional unemployment rate.
Link
http://repec.org/esLATM04/up.10751.1082126611.pdf