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The Determinants of Entry are not Independent of Start-up Size: Some evidence from Spanish manufacturing

  • Arauzo Carod, Josep Maria
  • Segarra Blasco, Agustí

In this paper we explore the determinants of firm start-up size of Spanish manufacturing industries. The industries' barriers to entry affect the ability of potential entrants to enter the markets and the size range at which they decide to enter. In order to examine the relationships between barriers to entry and size we applied the quantile regression techniques. Our results indicate that the variables that characterize the structure of the market, the variables that are related to the behaviour of the incumbent firms and the rate of growth of the industries generate different barriers depending on the initial size of the entrants. Keywords: Entry, regression quantiles, start-up size. JEL classification: L110, L600

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File URL: http://hdl.handle.net/2072/1775
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Paper provided by Universitat Rovira i Virgili, Department of Economics in its series Working Papers with number 2072/1775.

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Date of creation: 2004
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Handle: RePEc:urv:wpaper:2072/1775
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