Factors determining the success or failure of Canadian establishments on foreign markets

The hazard of exit is found to vary negatively with the relative size of the establishment, number of exported products and destinations, and the proportion of new entries into export episodes. [...] On the other side, the openness of the Canadian economy makes it vulnerable to monetary and financial crises happening in the rest of the world (e.g. [...] The purpose of the paper is to identify and to quantify the impact of factors conditioning the survival time of Canadian exporters. [...] Size is proxied by the relative size (SIZEREL) of establishment defined as the ratio of the establishment’s monthly value of exports and the average monthly value of exports. [...] As for the structure of data, for each episode in the sample, the dependent variable called DURATION, is defined as the number of months the establishment stayed on export markets or, for censored cases, the number of exporting months up to and including the last month in which that establishment's survival time was observed.