Spatially correlated exit strategies in the baking industry

This article uses a unique data set to analyse economic factors that explain firm exit and the interrelation across firms in space when exiting. Results show the effectiveness of modelling spatial correlation in a logit exit model. Indeed, in our application, reliable statistical results could only be drawn from our data when including spatial correlation in the model.

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Year of publication:	2007
Authors:	Sarmiento, Camilo ; Wilson, William
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 39.2007, 4, p. 441-448
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005643877