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This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …
Persistent link: https://www.econbiz.de/10010397677
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …
Persistent link: https://www.econbiz.de/10010195032
This paper proposes a general framework to account for the divergent results in the empirical literature on the relation between firm sizes and growth rates, and on many results on growth autocorrelation. In particular, we provide an explanation for why traces of the LPE sometimes occur in...
Persistent link: https://www.econbiz.de/10008909592
Research Summary: Firm size has long been recognized as a source of competitive advantage. However, the disruptions arising from the knowledge-based global economy are decoupling the link between firm size and profitability. We demonstrate in this article, the structural shifts and evolving...
Persistent link: https://www.econbiz.de/10012824120
This paper documents the cyclical patterns of business entry and exit dynamism in the US using the Business Dynamic … procyclical while the exit margin shows little cyclicality. In addition to the entry and exit rates, the numbers and relative … Statistics (BDS) dataset. The main finding is that, for both firms and establishments, the entry margin is significantly …
Persistent link: https://www.econbiz.de/10013002920
The LCA aerostructures industry is truly global, with manufacturers from all parts of the world supplying the two major remaining LCA producers, The Boeing Co. of the United States and the former Airbus Industrie, G.I.E. of France. Airbus is in the final stages of its transformation to a single...
Persistent link: https://www.econbiz.de/10014204853
Persistent link: https://www.econbiz.de/10012805904
The paper investigates the construction of a low cost airline network by analyzing JetBlue Airways' entry decisions … also affected entry positively. For non-stop entry into a route that has not been served on a non-stop basis before, our … network carriers. Non-stop entry into existing non-stop markets, however, shows that JetBlue concentrated on longer …
Persistent link: https://www.econbiz.de/10010306005
important gap in most empirical studies of establishment-level productivity is the limited information about workers …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …-access establishment-level productivity dataset created by the BLS-Census Bureau Collaborative Micro-productivity Project. We take a first …
Persistent link: https://www.econbiz.de/10013412738
productivity. We maintain, however, that the dramatic acceleration of imports from developing countries has imparted a significant … manufacturing productivity and value added, we implement the bias correction developed by Diewert and Nakamura (2009) to the input … offshoring. We find that from 1997 to 2007 average annual multifactor productivity growth in manufacturing was overstated by 0 …
Persistent link: https://www.econbiz.de/10010287999