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Manufacturing-Plant Closures: A Dynamic Survival Model

Author

Listed:
  • P N O'Farrell

    (Department of Town and Country Planning, Heriot-Watt University, Lauriston Place, Edinburgh EH3 9DF, Scotland)

  • R Crouchley

    (Department of Sociology, University of Surrey, Guildford, Surrey GU2 5XH, England)

Abstract

In this paper the phenomenon of industrial closures among new plants which commenced production in Ireland between 1973 and 1981 is analysed. A major aim of the research is to develop a dynamic survival model of industrial plant closure which permits the introduction of time-constant and time-varying covariates. Results indicate that there is no duration-of-stay effect; that new British-owned branches are highly vulnerable; that grant aid reduces the chances of early closure; and that new clothing and footwear plants are more likely to close than are plants in other sectors.

Suggested Citation

  • P N O'Farrell & R Crouchley, 1987. "Manufacturing-Plant Closures: A Dynamic Survival Model," Environment and Planning A, , vol. 19(3), pages 313-329, March.
    • Handle: RePEc:sae:envira:v:19:y:1987:i:3:p:313-329
    DOI: 10.1068/a190313
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    References listed on IDEAS

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    1. Henderson, Robert A, 1980. "An Analysis of Closures amongst Scottish Manufacturing Plants between 1966 and 1975," Scottish Journal of Political Economy, Scottish Economic Society, vol. 27(2), pages 152-174, June.
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    Cited by:

    1. Colin Wren, 2002. "Evaluating the effect of soft business support upon small firm performance," Oxford Economic Papers, Oxford University Press, vol. 54(2), pages 334-365, April.

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