Blanchard, Pierre; Huiban, Jean-Pierre; Mathieu, Claude - In: Review of Agricultural and Environmental Studies - … 93 (2012) 2, pp. 193-212
A semi-parametric approach is used to estimate firm propensity to exit. The unobserved individual productivity of a firm is first estimated using the Ackerberg et al. (2006) approach and then introduced as a determinant of firm exit in conjunction with other variables that may serve as barriers...