Inhaltszusammenfassung

The main purpose of this paper is to estimate a model describing dynamics of the exit of firms and entry of new enterprises in Germany The developed dynamic model, in contrast to other well-known methods of insolvency forecast, also allows to forecast the number of newly founded enterprises in the future. Besides this basic application, we also derive a theoretical model to describe the probability of an enterprise's death depending on its age. Therefore, the conclusion is that dynamic mathem...The main purpose of this paper is to estimate a model describing dynamics of the exit of firms and entry of new enterprises in Germany The developed dynamic model, in contrast to other well-known methods of insolvency forecast, also allows to forecast the number of newly founded enterprises in the future. Besides this basic application, we also derive a theoretical model to describe the probability of an enterprise's death depending on its age. Therefore, the conclusion is that dynamic mathematical models may be useful tools for the description of firm number fluctuation over time. » weiterlesen» einklappen

Autoren