Determinantes del aumento o disminución de empresas: Análisis por entidad federativa y estrato de edad: Determinants of the Increase and Decrease in the Number of Firms: An Analysis by State and Age Stratum

Rolando I. Valdez; Eder J. Noda-Ramírez

doi:10.29105/ensayos37.1-3

Authors

Rolando I. Valdez Universidad Autónoma de Baja California.
Eder J. Noda-Ramírez Universidad Iberoamericana.

DOI:

https://doi.org/10.29105/ensayos37.1-3

Keywords:

Firm’s age, Determinants, Panel data

Abstract

In this present study, the hypothesis that is tested is that the same factors diversely affect the ups and downs in the number of firms, taking into consideration their age. To prove this, there are two specific panel data models, whose dependent variable is the firm’s age stratum: infant, young, adult and elderly. Overall, eight equations are estimated, taking into account economic and social explanatory variables as well. The main results highlight that gdp, gdp per cápita, the interest rate, the banking interest rate and economic liquidity equally impact, ceteris paribus, the number of firms, independent to their age. However, migration and social insecurity impact only infant firms as well as young firms.

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Author Biographies

Rolando I. Valdez, Universidad Autónoma de Baja California.

Universidad Autónoma de Baja California. Av. De las Limas 9342-11A, El Refugio. C.P. 22253. Tijuana, Baja California.

Eder J. Noda-Ramírez, Universidad Iberoamericana.

Universidad Iberoamericana. San Luis Potosí No. 13 dpto. 202, col. Belisario Domínguez, C.P. 91055, Xalapa, Veracruz.

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