<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Research of firms cohorts, such as human cohorts, are carried out by means of the methods of survival analysis (duration). The paper presents the possibility of using expectancy tables and intensity function (hazard) of firms liquidation. This function may take a typical shape such as shape of a “bathtub” – the intensity of deaths, or the shape of an inverted U – the intensity of firms liquidations.</p></abstract>

Research of firms cohorts, such as human cohorts, are carried out by means of the methods of survival analysis (duration). The paper presents the possibility of using expectancy tables and intensity function (hazard) of firms liquidation. This function may take a typical shape such as shape of a “bathtub” – the intensity of deaths, or the shape of an inverted U – the intensity of firms liquidations.

Hazard Function as a Tool to Diagnose Business Liquidation

Szczecin University Facultyof Economics and Management Department of Econometrics and Statistics Mickiewicza 64, 71-101 Szczecin, Poland

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Hazard Function as a Tool to Diagnose Business Liquidation"}

Research of firms cohorts, such as human cohorts, are carried out by means of the methods of survival analysis (duration). The paper presents the possibility...

Hazard Function as a Tool to Diagnose Business Liquidation

Published Online: Jul 08, 2014

Page range: 23 - 36

Received: Oct 30, 2013

Accepted: Jan 17, 2014

DOI: https://doi.org/10.2478/foli-2013-0019

Keywords
firms, expectancy tables, hazard (intensity)

© 2013 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Hazard Function as a Tool to Diagnose Business Liquidation

Published Online: Jul 08, 2014

Page range: 23 - 36

Received: Oct 30, 2013

Accepted: Jan 17, 2014

DOI: https://doi.org/10.2478/foli-2013-0019

Keywordsfirms, expectancy tables, hazard (intensity)

© 2013 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
firms, expectancy tables, hazard (intensity)