An analysis of self-employment subsidies with duration models
AbstractThe determinants of continuity of subsidized self-employment activities are studied by means of duration models in Asturias (Spain). Variables related to socio-economic characteristics of the self-employed and to subsidized businesses are included in the models. Moreover, to consider the economic situation, the regional unemployment rate has been taken into account. A general survival analysis is complemented with a competing risk model that considers two types of exits from self-employment (failure versus other reasons). The significant variables that explain survival are age, industry, whether the business is the main source of family income or not and the unemployment rate.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 38 (2006)
Issue (Month): 1 ()
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