Duration Analysis of Firms – Cohort Tables and Hazard Function

Authors

  • Iwona Markowicz University of Szczecin (Poland), Faculty of Economics and Management, Department of Econometrics and Statistics, 70-453 Szczecin, Papieża Jana Pawła II 22a

DOI:

https://doi.org/10.18533/ijbsr.v5i11.879

Keywords:

Duration tables, firms, hazard (intensity), modelling duration.

Abstract

The aim of this study is to identify the survival process of a cohort of firms. I propose my original systematic approach to the methods for analysing the firms’ vitality (statistical and econometric study on the cohorts of firms). I obtained the research data from 59587 economic entities established in the Zachodniopomorskie voivodeship (Poland) in 2009-2011. As a result I found out that the intensity function of firms’ liquidation take a typical inverted U-shape.

 

Author Biography

  • Iwona Markowicz, University of Szczecin (Poland), Faculty of Economics and Management, Department of Econometrics and Statistics, 70-453 Szczecin, Papieża Jana Pawła II 22a
    Department of Econometrics and Statistics, prof.

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Published

2015-12-01

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