| Titre | Mimétisme, erreurs d'anticipation de la demande et risque de défaillance des entreprises industrielles en France : un modèle économétrique à correction d'erreur | |
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| Auteur | Régis Blazy | |
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Revue | Economie et prévision |
| Numéro | no 125, 1996/4 | |
| Page | 1-18 | |
| Résumé anglais |
Imitation, Demand Expectation Errors and the Risk of Bankruptcy Among Industrial Firms in France: An
Econometric Error Correction Model
Régis Blazy
Our study links up the main explanatory factors generally put forward by theoretical literature as being behind the involuntary bankruptcy process by focusing on the role played by the demand expectation errors made by firms. The theoretical analysis presented posits a more or less stable convergence mechanism for these expectations. The effect of demand expectation errors on the probability of bankruptcy is econometrically confirmed using INSEE's business surveys of the industrial sector from 1977 to 1994. Other variables describing the legal, demographic and financial circumstances of firms during this period are also analysed. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1996_num_125_4_5803 |
