The New Approach to Estimation of the Hazard Function in Business Demography on Example of Data from New Zealand

The author presents the new methodology for the estimation of the hazard function for the new born enterprise`s survival rate called FIRM. The methodology is based on construction of a stochastic process and is examined in the Monte Carlo simulation study with real data. The dataset is provided by S...

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Bibliographic Details
Main Author: Pawel Zajac
Format: Article
Language:English
Published: AGH UNIVERSITY PRESS 2013-07-01
Series:Managerial Economics
Subjects:
Online Access:https://journals.agh.edu.pl/manage/article/view/596