time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …

by both high entry and high exit rates. …

collateralizable housing wealth in a region delays chains’ entry into franchising by 0.28 years on average, 9 percent of the average …

affected by demand fluctuations. Our model gives rise to procyclical entry, prices, and price-cost margins, although the …- or countercyclical if the incumbent is a first mover. Moreover, our results show that entry deterrence by the incumbent …

into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …

capture, favor connected interests, and undermine finance access and entry. Thus the degree of access to political rights by …

formalizes the underlying interaction of risk, fixed export costs and firms’ market entry decisions based on techniques known …

defines an optimal firm size. Changes to the number of firms is subject to adjustment costs, so that the entry dynamics is …