Table 4

Piecewise exponential event history analysis of car modifications and engine failures

Model 8Model 9
VariablesCar modificationEngine failure
Lagged firm performance0.903***0.677***
(0.098)(0.039)
Partner quality−0.042*−0.034***
(0.018)(0.006)
Driver quality−9.905***−11.100***
(1.950)(0.895)
Partner status2.044***2.168***
(0.576)(0.309)
New engine modification2.777*−1.096
(1.398)(1.140)
Status−2.501***−2.264***
(0.530)(0.263)
Log Pseudolikelihood−72.054−381.250
Observations1,1751,200

Note(s): Robust standard errors in parentheses, *** p < 0.001, ** p < 0.01, * p < 0.05, + p < 0.1

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