Abstract

ORELLANA-OSORIO, Iván et al. Analysis of business closure in the manufacturing sector of Ecuador, period 1901 2018. ecos.econ. [online]. 2020, vol.24, n.50, pp.45-79.  Epub Dec 01, 2021. ISSN 1657-4206.  https://doi.org/10.17230/ecos.2020.50.3.

The business dynamic of the manufacturing sector in Ecuador was addressed through the study of business demographics of 118 years. For the calculation of survival probabilities, a mortality table was made. 37.74 % of the companies remain active, while 89.07 % of the closed ones are micro and small companies. The probability that a newly created company closes its activities in a period less than or equal to 3 years is 4 %, and the life expectancy of a newly created company is 14.27 years.

Keywords : Manufacturing sector; Business dynamics; Closed companies; Probability of closing..

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