Analiza prawdopodobieństw zmiany stanu procesu migracji wartości przedsiębiorstw z wykorzystaniem łańcuchów Markowa
The analysis of the probabilities of the transitions between value migration stages basedon Markov chains

Summary/Abstract: The paper analyzes processes of value migration on the Polish market. It employed mathematical methods of process analysis in the form of Markov chain and estimated the probability of the migration between stages of inflow, outflow and stability according to the three stages of value migration. The article estimated the length of period of getting back from the distinct state of the chain to its first return to the same state. In the long period there are observed higher probability of being in the state of inflow than outflow of value. Regardless of the initial state of value migration in which a company currently is, every remaining state can be achieved. Moreover, the considered value migration process is variable. Thus within 1 year time, the processes is unstable.

• Details
• Contents