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The Determinants of Entry are not Independent of Start-up Size: Some Evidence from Spanish Manufacturing

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  • Josep-Maria Arauzo-Carod
  • Agustí Segarra-Blasco

Abstract

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. Copyright Springer 2005

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  • Josep-Maria Arauzo-Carod & Agustí Segarra-Blasco, 2005. "The Determinants of Entry are not Independent of Start-up Size: Some Evidence from Spanish Manufacturing," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 27(2), pages 147-165, September.
    • Handle: RePEc:kap:revind:v:27:y:2005:i:2:p:147-165
    DOI: 10.1007/s11151-005-8321-z
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    entry; regression quantiles; start-up size;
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