hazard rate


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haz·ard rate

theoretical measure of the risk of occurrence of an event (for example, death, new disease) at a point in time.
References in periodicals archive ?
As Audretsch and Mahmood (1995) found, the wage rate and prime rate are negatively correlated to the hazard rate, whereas the unemployment rate is positively correlated.
Finally, the empirical results show no statistically significant impact on the hazard rate of spatial linkage among the sample countries.
We gain additional confidence from the Weibull estimates, which indicate an increasing hazard rate with high levels of confidence.
They hypothesize that the number of firms at the time of entry of a firm has a positive effect on its hazard rate.
A Goodness-of-Fit using a Chi-square statistic can be calculated by comparing the likelihood of a distribution with a null model, which allows for a different hazard rate for each interval.
A number of methods have been proposed for investigating the questions we asked, that is, whether the observed hazard rate changed; if so, how many times, and when.
0](t) is the baseline hazard rate for a divorce/separation for 0-12 months before anniversary t; U[R.
While the DMNEs in manufacturing do not show a hazard rate significantly different from the rest of the sample, in services the hazard ratio indicates that the probability of exit for domestic MNEs operating in this sector is 24 percent lower than that of NMNEs.
At first glance, firm-country trade relationships experience a very high hazard rate after the first year of exporting to a market, and then rapidly declines.
We adopt this timing convention to reflect data availability, as the hazard rate is observed only in month t + 1.
We first looked for significant differences in hazard rate between any two treatment groups once egg type and block were considered using a two-tailed test.
Let f(t) denotes the probability density function of TOM, F(t) = Pr(TOM [less than or equal to] t) its cumulative distribution function and S(t) = Pr(TOM [greater than or equal to] t) = 1 - F(t) its survival function, then its hazard rate