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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Format: | Article |
Language: | English |
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AGH UNIVERSITY PRESS
2013-07-01
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Series: | Managerial Economics |
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Online Access: | https://journals.agh.edu.pl/manage/article/view/596 |