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 …

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 …

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 …

Empirical research on the relationship between innovation and firm level productivity offers conflicting results. We … investigate the impact of innovation on labour productivity through the construction of a unique panel data-set that merges … labour productivity are positive and statistically significant, corresponding results from instrumental variables (IV) and …

This chapter presents the major results of a comparative study of productivity growth in manufacturing in Japan and the … growth of productivity there has been extraordinary despite a less than favorable economic environment and because the U ….S. and Japanese productivity growth experiences over the past fifteen years or so lie at opposite ends of the spectrum of …

This paper analyzes multifactor productivity growth (based on capital, labor, energy, and materials) and labor … productivity growth in the Japanese and U.S. manufacturing sectors. We find that the tests of separability required for a value … productivity …