Entry, Exit and Establishment Survival in UK Manufacturing
利用新发布的ARD数据库，研究了1986至1991年间英国制造业企业的进入、退出与存续模式，发现存续率与企业规模和年龄的关系因独立企业还是集团成员而异。
We study entry, exit and survival of UK manufacturing establishments from 1986 to 1991 using the newly released ARD database. We document patterns of entry and exit across industries and over time. We estimate an augmented Cox proportional hazard to examine the survival of new plants in the UK in this period. We find interactions between survival, size and age of establishment that differ between establishments that are singles and part of a group. We speculate that this finding may be consistent with market selection models based on learning.