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Estimating Function Approach to a Time-Dependent Recovery Model for Survival Rates in a Business District

Author

Listed:
  • Yunn-Kuang Chu

    (Department of Statistics, National Taichung Institute of Technology, Taiwan)

  • Jeryan Lin

    (Department of Statistics, Feng Chia University, Taiwan)

Abstract

Burnham and Rexstad (1993) presented a band recovery model that incorporates time-dependent recovery rates and survival rates. In this paper, an estimating function approach is proposed to derive estimators of recovery rates and survival rates. Explicit expressions are given for the derived estimators and their associated asymptotic variances. Examples, including a case for the survival of stalls in the Feng Chia University business district night market, are used to demonstrate the proposed estimating function approach.

Suggested Citation

  • Yunn-Kuang Chu & Jeryan Lin, 2005. "Estimating Function Approach to a Time-Dependent Recovery Model for Survival Rates in a Business District," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 4(3), pages 223-230, December.
  • Handle: RePEc:ijb:journl:v:4:y:2005:i:3:p:223-230
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    More about this item

    Keywords

    band recovery model; survival rate; stall; business district;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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