Growth and survival of firms in the footwear manufacturing sector in Equador.

The present study was motivated by successful footwear manufacturing sector in Equador, particularly in Tungurahua region, and explains the determinants of the survival characteristics of these companies established in the Ecuadorian market. Data used for the quantitative analysis corresponds to pro...

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Detalles Bibliográficos
Autores principales: Morales Ramos, Lilian Victoria, Morales Ramos, Karla Estefania, Valle Álvarez, Alexandra Tatiana
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2017
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/2068
Descripción
Sumario:The present study was motivated by successful footwear manufacturing sector in Equador, particularly in Tungurahua region, and explains the determinants of the survival characteristics of these companies established in the Ecuadorian market. Data used for the quantitative analysis corresponds to production, sales and installed capacity, obtained from the firms’ financial statements; On the other hand, survival characteristics consider age and initial size of firms. A statistical analysis of correlation, multiple linear regression and anova has been applied. The main results show a high positive correlation between firm’s sales and production with firm’s survival.