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Modelling proportions: random effects models of UK firm entry

Podivinsky, Jan M. and Stewart, Geoff (2009) Modelling proportions: random effects models of UK firm entry Singapore Economic Review, 54, (3), pp. 367-377. (doi:10.1142/S0217590809003380).

Record type: Article


A long-standing issue in industrial economics is the understanding of the relative prevalence of labour-managed firms (LMFs) and capitalist firms across industries. In proportionate terms, LMF entry tends to be highly concentrated in particular industries. We provide empirical evidence on this by modelling the proportions of industry entrants that are LMFs, using a panel of UK manufacturing industries. Random effects proportions models indicate the role and importance of risk and capital requirements as potential deterrents to LMF entry.

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Published date: 2009
Additional Information: Special issue on Panel Data Econometrics, ed. by Jan F Kiviet


Local EPrints ID: 65178
ISSN: 0217-5908
PURE UUID: 08787cf5-1a53-4677-9ce6-7aba58b4cfa0

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Date deposited: 09 Feb 2009
Last modified: 17 Jul 2017 14:09

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Author: Geoff Stewart

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