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Self-employment survival, exit and bankruptcy in Britain

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Author Info
Mark P. Taylor () (Institute for Social and Economic Research, University of Essex, UK)

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Abstract

This paper uses data from the British Household Panel Study to investigate the duration of self-employment spells in Britain. Self-employment spell duration is examined and compared with the tenure of waged jobs separately for men and women. The results suggest that on average self-employment spells are longer in duration than spells in the same job and with the same employer. However, spells in employment, ignoring job and employer changes, are found to be longer than self-employment spells. Proportional hazard models, allowing individual characteristics to influence survival probabilities, are also estimated for self-employment spells. These models are estimated in both single risk and competing risk specifications, with involuntary terminations being of particular interest. Previous labour market experience, occupation and industry emerge in particular as important indicators of self-employment survival.

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File URL: http://www.essex.ac.uk/ilr/discussion/ILRdp024.pdf
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Publisher Info
Paper provided by Institute for Labour Research in its series ILR working papers with number 024.

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Length: 37
Date of creation: Sep 1998
Date of revision:
Handle: RePEc:esl:ilrdps:024

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Postal: Institute for Labour Research University of Essex, Wivenhoe Park Colchester, Essex CO4 3SQ UK
Phone: 44-1206-872957
Fax: 44-1206-872724
Web page: http://www.essex.ac.uk/ilr

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Postal: Institute for Labour Research University of Essex, Wivenhoe Park Colchester, Essex CO4 3SQ UK
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Web: http://www.essex.ac.uk/ilr/discuss/index.htm

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This page was last updated on 2009-11-25.

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