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Duration Analysis of Firms – Cohort Tables and Hazard Function

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  • Iwona Markowicz

    (Professor of economics, University of Szczecin, Faculty of Economics and Management, Department of Econometrics and Statistics, Mickiewicza 64, 71-101 Szczecin (Poland),)

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.

Suggested Citation

  • Iwona Markowicz, 2015. "Duration Analysis of Firms – Cohort Tables and Hazard Function," International Journal of Business and Social Research, LAR Center Press, vol. 5(11), pages 36-47, November.
    • Handle: RePEc:lrc:larijb:v:5:y:2015:i:11:p:36-47
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    1. Beata Bieszk-Stolorz & Iwona Markowicz, 2021. "Risk of Decline in Share Prices of Energy and Fuel Sector on the Warsaw Stock Exchange During the Two Waves of the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 977-996.

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