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CONSTANT 4

.0178

3.6958 3.4835 3.4081

(0 .0001)

** (0.0001) ** (0.0001) ** (0

.0001)

**

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(0.2785 ) (0.2509 )

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(0

.

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CAPG 0.5884 0.3142 0.2533 0.2426

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(0.2545 ) (0.2550 ) (0.2965 ) ( 0.3687)

k 1.0000 0.5725 0.8071 0.8787

( 0.0001 ) ** (0.0001) ** (0.0001) **

a

1.0000 1.0000 0.0000 -0.3294

(0.0001) **

log likelihood 11 -128.5543 -119.1046 -114 .8101 -114 .5835

log likelihood 27.9416# 9.0422 # 0.4532

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,.lift-t.liaSc.

'~66-89 0

Altman, E. I. ( 1983) , "Why Business Failure, "The Journal of Business Strategy,3 ( 4) , 15-21.

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't ""

-f;-.::.

't ..

;tj

4-

~A'!

r.,

;t.'$oj'" ~

Sociology, 1, 233-262.

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A SURVIV AL ANALYSIS OF FIRMS IN THE TEXTILE

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