Methods of estimating the mean duration of enterprises and the mean additional duration of enterprises in Lodzkie Voivodship

Artur  MIKULEC

doi:10.25167/ees.2018.46.15

Published: 2018-10-31

Vol. 18 No. 2 (46) (2018)

Methods of estimating the mean duration of enterprises and the mean additional duration of enterprises in Lodzkie Voivodship

Artur MIKULEC

Economic and Environmental Studies

Section: Articles

https://doi.org/10.25167/ees.2018.46.15

Abstract

In a duration analysis, the time of enterprises functioning, i.e. from the foundation to their liquidation, is represented by a random variable. The basic characteristic functions used for time description include: density function, distribution function, survival function and hazard function. The first one f(t) defines the probability of enterprise liquidation in the period denoted as t, i.e. in

Keywords:

mean duration of enterprises, mean additional duration of enterprise, Lodzkie Voivodship, Lodz, Piotrkow Trybunalski, Skierniewice

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MIKULEC, A. . (2018). Methods of estimating the mean duration of enterprises and the mean additional duration of enterprises in Lodzkie Voivodship. Economic and Environmental Studies, 18(2 (46), 717–731. https://doi.org/10.25167/ees.2018.46.15

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