a company's most relevant features, which is indirectly consistent with the theory of company life cycles. Originality …/value – The empirical results obtained are of value to support the validity of company life cycle theory. …

advantages and disadvantages of stochastic coefficients and suggest procedures to address the identification and estimation …

likelihood estimation is discussed and a complete Bayesian analysis of the multivariate split normal distribution is developed. …

A neglected aspect of the otherwise fairly well developed Bayesian analysis of cointegration is the point estimation of …