Inter-relationship between construction and termination of name in Brazil / Inter-relaÃÃo entre constituiÃÃo e extinÃÃo de firmas no Brasil

AUTOR(ES)

Leandro de Almeida Rocco

FONTE

IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia

DATA DE PUBLICAÇÃO

11/08/2008

RESUMO

This study investigates a dynamic interrelationship between formation and extinction of firms in Brazil using a sample between January of 1985 and December of 2007, divided into two periods: 1985-1994 and 1995-2007. The findings of this analysis favor the formulation of policies to benefit the creation of news firms and to avoid companies to close down. This interrelationship is studied through a vector autoregressive model applied to panel data and a causality test. The results show that the formation of companies generates extinction in two different periods and extinction generates formation only in the post-Real Plan period.

ASSUNTO(S)

ciencias sociais aplicadas econometria

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