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Survival of the fittest: tourism exposure and firm survival

dc.contributor.authorCaires, Filipe B.
dc.contributor.authorReis, Hugo
dc.contributor.authorRodrigues, Paulo M. M.
dc.date.accessioned2023-07-05T08:11:33Z
dc.date.available2023-07-05T08:11:33Z
dc.date.issued2023
dc.description.abstractIn 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.pt_PT
dc.description.versioninfo:eu-repo/semantics/acceptedVersionpt_PT
dc.identifier.doi10.1080/00036846.2023.2208858pt_PT
dc.identifier.eid85161457887
dc.identifier.issn0003-6846
dc.identifier.urihttp://hdl.handle.net/10400.14/41558
dc.identifier.wos000999583900001
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectFirm dynamicspt_PT
dc.subjectFirm survivalpt_PT
dc.subjectHazard modelpt_PT
dc.subjectTourism exposurept_PT
dc.titleSurvival of the fittest: tourism exposure and firm survivalpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage7177
oaire.citation.issue60
oaire.citation.startPage7150
oaire.citation.titleApplied Economicspt_PT
oaire.citation.volume55
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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