Entry thresholds and actual entry and exit in local markets

Bresnahan and Reiss (1991) derive entry thresholds (equilibrium numbers of firms) for local markets but do not investigate actual entry and exit flows. This paper investigates for thirteen Belgian retail and service industries whether markets with actual numbers of firms higher (lower) than the thresholds display exit (entry) in subsequent periods.

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Year of publication:	2004
Authors:	Carree, Martin ; Dejardin, Marcus
Institutions:	Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization
Subject:	industrial organization

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Extent:	application/pdf
Series:	Research Memoranda.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series Research Memoranda Number 048
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005304802