Journals / Advances in Hospitality and Tourism Research (AHTR) / 2019 / Cilt: 7 - Sayı: 1

SURVIVAL OF FIRMS IN CRISIS: EVIDENCE FROM ANTALYA TOURISM CITY

Pages
1–23
Publication Date
2022-10-11
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

There are no differencesbetween foreign owned and domestic firms.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Firm survival in tourism cities has long been a topic ofdiscussion, due to particularly the fragile nature of the tourismindustry.
📊
Key Findings & Data:The survival rate is higher for smaller and youngerfirms and lower for corporate firms.
💡
Conclusion & Impact:There are no differencesbetween foreign owned and domestic firms.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Firm survival in tourism cities has long been a topic ofdiscussion, due to particularly the fragile nature of the tourismindustry. Crises make tourism cities even more fragile, whichmakes them an ideal case for studying the effects of crises on firmsurvival. Antalya, Turkey's leading tourist destination, hassuffered from economic and political crises in recent years. Thisstudy investigates the factors influencing firm survival in a crisisridden tourism city. The results of a time-discrete survivalanalysis show that firm survival depends on firm-, industry-, andlocation-specific factors. Business survival declines in times ofdownturns. The survival rate is higher for smaller and youngerfirms and lower for corporate firms. There are no differencesbetween foreign owned and domestic firms.

🔖

Cite This Article

TÜRKCAN, K., ERKUŞ-ÖZTÜRK, H. (2022). SURVIVAL OF FIRMS IN CRISIS: EVIDENCE FROM ANTALYA TOURISM CITY. Advances in Hospitality and Tourism Research (AHTR), Cilt: 7 - Sayı: 1, 1–23. https://ajindex.com/articles/429454

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (13)

  1. Basile, R., Pittiglio, R., & Reganati, F. (2017). Do agglomeration externalities affect firm survival? Regional Studies, 51(4), 548-562.
  2. Brouder, P., & Eriksson, R. (2013). Staying power: What influences micro-firm survival in tourism? Tourism Geographies, 15(1), 125–144.
  3. Bruni, S., Pittiglio, R., & Reganati, F. (2014). Heterogeneity in firm performance during economic crisis. Business, Management and Education, 12(1), 1-14.
  4. Cainelli, G., Montresor, S., & Marzetti, G. V. (2014). Spatial agglomeration and firm exit: A spatial dynamic analysis for Italian provinces. Small Business Economics, 43(1), 213-228.
  5. Cala, C. D., Arauzo-Carod, J. M., & Manjón-Antolín, M. (2015). The determinants of exit in a developing country: Core and peripheral regions. The Annals of Regional Science, 54(3), 927–944.
  6. Cefis, E., & Marsili, O. (2005). A matter of life and death: Innovation and firm survival. Industrial and Corporate Change, 14(6), 1167-1192.
  7. Disney, R., Haskel, J., & Heden, Y. (2003). Entry, exit and establishment survival in UK manufacturing. Journal of Industrial Economics, 51(1), 91–112.
  8. Dunne, P., & Hughes, A. (1994). Age, size, growth and survival: UK companies in the 1980s’. Journal of Industrial Economics, 42(2), 115–140.
  9. Ericson, R., & Pakes, A. (1995). Markov-perfect industry dynamics: A framework for empirical work. The Review of Economic Studies, 62(1), 53–82.
  10. Esteve-Perez, S., & Manez-Castillejo, J. A. (2008). The resource-based theory of the firm and firm survival. Small Business Economics, 30(3),231-249. Esteve-Pérez, S., Pieri, F., & Rodriguez, D. (2018). Age and productivity as determinants of firm survival over the industry life cycle. Industry and Innovation, 25(2), 167-198.
  11. Esteve-Perez, S., Sanchis-Llopis, A., & Sanchis-Llopis, J. A. (2004) The determinants of survival of Spanish manufacturing firms. Review of Industrial Organization, 25(3), 251– 273. Falk, M., (2013). A survival analysis of ski lift companies. Tourism Management, 36(1), 377– 390. Fernandes, A. M., & Paunov, C. (2015). The risks of innovation: Are innovating firms less likely to die? Review of Economics and Statistics, 97(3), 638-653.
  12. Ferreira, P., & Saridakis, G. (2017). Firm shutdown during the financial and the sovereign debt crises: Empirical evidence from Portugal. International Journal of the Economics of Business, 24(2), 153-179. Gémar, G., Moniche, L., & Morales, A. (2016). Survival analysis of the Spanish hotel industry. Tourism Management, 54(6), 428–438.
  13. Godart, O., Gör