FINN START-UP SIZE - A CONDITIONAL QUANTILE APPROACH

Using data on the individual firms created in Portugal, we evaluate th e importance of industry attributes for the distribution of firm start -up size. By estimating conditional quantile functions we take 'snap-s hots' of the conditional distribution of new firms' dimension at diffe rent quantiles. This approach provides answers that usual methods do n ot, namely, how different entry is at 'small' and 'large' scales. We f ind that industry attributes, such as scale economies and turbulence, are more important for the largest entrants.