Ecos de Economía, Vol. 24, No. 50 (2020)
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Examinando Ecos de Economía, Vol. 24, No. 50 (2020) por Autor "Orellana Osorio, Iván"
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Ítem Analysis of business closure in the manufacturing sector of Ecuador, period 1901 - 2018(Universidad EAFIT, 2020-09-08) Orellana Osorio, Iván; Pinos Luzuriaga , Luis; Tonon Ordóñez, Luis; Reyes Clavijo, Marco; Cevallos Rodríguez, Estefanía; Universidad del AzuayThe 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.