Survival of the fittest

Bibliographic Details
Main Author: Caires, Filipe B.
Publication Date: 2023
Other Authors: Reis, Hugo, Rodrigues, Paulo Manuel Marques
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10362/159211
Summary: Funding Information: The authors thank two anonymous referees and Editor Mark P. Taylor for their helpful and constructive feedback on an earlier version of this paper. Rodrigues gratefully acknowledges financial support from the Portuguese Science Foundation (FCT) through (UID/ECO/00124/2013 and Social Sciences DataLab, Project 22209), POR Lisboa (LISBOA-01-0145-FEDER-007722 and Social Sciences DataLab, Project 22209) and POR Norte (Social Sciences DataLab, Project 22209). Publisher Copyright: © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
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spelling Survival of the fittestTourism exposure and firm survivalFirm dynamicsFirm survivalHazard modelTourism exposureEconomics and EconometricsFunding Information: The authors thank two anonymous referees and Editor Mark P. Taylor for their helpful and constructive feedback on an earlier version of this paper. Rodrigues gratefully acknowledges financial support from the Portuguese Science Foundation (FCT) through (UID/ECO/00124/2013 and Social Sciences DataLab, Project 22209), POR Lisboa (LISBOA-01-0145-FEDER-007722 and Social Sciences DataLab, Project 22209) and POR Norte (Social Sciences DataLab, Project 22209). Publisher Copyright: © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.In this article, a discrete-time hazard model to study firm survival in the Portuguese Tourism sector is estimated. This sector has experienced a remarkable performance over the last decades. Results show that when compared to other sectors, tourism firms are more likely to exit: (i) if they are young (less than 10 years of existence); and (ii) if they belong to the group of worse performers (i.e. belong to the lower tail of the firm distribution). Within tourism related sectors, firms with highest tourism exposure, such as travel agencies and hotels are always among the best performers in terms of survival. Moreover, despite of Tourism being one of the most volatile sectors in periods of high uncertainty, results show a higher survival resilience among established tourism associated firms.NOVA School of Business and Economics (NOVA SBE)RUNCaires, Filipe B.Reis, HugoRodrigues, Paulo Manuel Marques2023-10-23T22:18:31Z20232023-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/159211eng0003-6846PURE: 64220526https://doi.org/10.1080/00036846.2023.2208858info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-22T18:15:13Zoai:run.unl.pt:10362/159211Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:45:39.201203Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Survival of the fittest
Tourism exposure and firm survival
title Survival of the fittest
spellingShingle Survival of the fittest
Caires, Filipe B.
Firm dynamics
Firm survival
Hazard model
Tourism exposure
Economics and Econometrics
title_short Survival of the fittest
title_full Survival of the fittest
title_fullStr Survival of the fittest
title_full_unstemmed Survival of the fittest
title_sort Survival of the fittest
author Caires, Filipe B.
author_facet Caires, Filipe B.
Reis, Hugo
Rodrigues, Paulo Manuel Marques
author_role author
author2 Reis, Hugo
Rodrigues, Paulo Manuel Marques
author2_role author
author
dc.contributor.none.fl_str_mv NOVA School of Business and Economics (NOVA SBE)
RUN
dc.contributor.author.fl_str_mv Caires, Filipe B.
Reis, Hugo
Rodrigues, Paulo Manuel Marques
dc.subject.por.fl_str_mv Firm dynamics
Firm survival
Hazard model
Tourism exposure
Economics and Econometrics
topic Firm dynamics
Firm survival
Hazard model
Tourism exposure
Economics and Econometrics
description Funding Information: The authors thank two anonymous referees and Editor Mark P. Taylor for their helpful and constructive feedback on an earlier version of this paper. Rodrigues gratefully acknowledges financial support from the Portuguese Science Foundation (FCT) through (UID/ECO/00124/2013 and Social Sciences DataLab, Project 22209), POR Lisboa (LISBOA-01-0145-FEDER-007722 and Social Sciences DataLab, Project 22209) and POR Norte (Social Sciences DataLab, Project 22209). Publisher Copyright: © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
publishDate 2023
dc.date.none.fl_str_mv 2023-10-23T22:18:31Z
2023
2023-01-01T00:00:00Z
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url http://hdl.handle.net/10362/159211
dc.language.iso.fl_str_mv eng
language eng
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PURE: 64220526
https://doi.org/10.1080/00036846.2023.2208858
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