Mortality of construction companies based on density dependence

Huan Yang, Qiming Li, Ping Chuen Chan

Research output: Journal article publicationJournal articleAcademic researchpeer-review

Abstract

Based on the theory of density dependence, the factors and their effect on the mortality of the construction companies were identified. Taking the Jiangsu Province (1989-2007) as a practical case, a company-year data structure was established and the Cox proportional hazard model was used to analyze the mortality process. It is concluded that the construction industry level evolution plays an important role on exit rate of construction companies, however, this effect does not conform to density dependence as expected. The effect raises as the density expands, and this process is affected by the organizational age. Besides, organizational size and macro environment also act on mortality.
Original languageEnglish
Pages (from-to)1263-1268
Number of pages6
JournalDongnan Daxue Xuebao (Ziran Kexue Ban)/Journal of Southeast University (Natural Science Edition)
Volume39
Issue number6
DOIs
Publication statusPublished - 1 Nov 2009

Keywords

  • Company mortality
  • Construction industry
  • Cox proportional hazard model
  • Density dependence

ASJC Scopus subject areas

  • Engineering(all)

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