The non-parametric test | Survival rate | ||||
variable | Log-rank | Description | 5 years | 10 years | 15 years |
Firm type | 81.66 | 1 = TSPs | 0.897 | 0.646 | 0.485 |
| (<0.0001) | 2 = WSPs | 0.866 | 0.711 | 0.576 |
| 3 = FFCs | 0.819 | 0.593 | 0.487 | |
| 4 = ILSPs | 0.979 | 0.958 | 0.924 | |
Branch | 10.99 | 1 = branch | 0.821 | 0.604 | 0.440 |
| (0.0009) | 0 = non-branch | 0.882 | 0.655 | 0.536 |
Ownership | 7.89 | 1 = foreign-owned | 0.944 | 0.779 | 0.742 |
| (0.0050) | 0 = domestic-owned | 0.875 | 0.648 | 0.513 |
Location | 43.01 | 1 = rural area | 0.905 | 0.723 | 0.666 |
| (<0.0001) | 0 = urban area | 0.855 | 0.613 | 0.468 |
Entry timing | 157.61 | 1 = early-stage (1984-2005) | 0.932 | 0.809 | 0.664 |
| (<0.0001) | 2 = medium-stage (2006-2010) | 0.901 | 0.628 | ---- |
| 3 = late-stage (2011-2016) | 0.850 | ---- | ---- | |
Size | 184.33 | 1 = large scale | 0.928 | 0.842 | 0.817 |
| (<0.0001) | 0 = small scale | 0.857 | 0.581 | 0.410 |