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subsequent entry plays a primary role in generating turbulence in high growth markets, while displacement of incumbents by recent … entrants is the main selection force in declining markets. As product life cycles progress, trial-and-error entry subsides, and …
Persistent link: https://www.econbiz.de/10010263805
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
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market … stores in Sweden, we find that the average entry costs for small and large stores are 10 and 18 percent lower, respectively …, in markets with liberal compared with restrictive regulations. Counterfactual simulations show that lower entry costs in …
Persistent link: https://www.econbiz.de/10010206790
We study patterns of entry and exit in the German interurban bus industry in the first three years after its … German cities - with the intensity of entry being dependent on the number of inhabitants, average income, the share of under …
Persistent link: https://www.econbiz.de/10011739013
decomposition is shown in a model featuring heterogeneous multiproduct firms, oligopolistic competition and free firm entry. When … firm-level productivity decreases while the dispersion rises up, firm product scope decreases and sums up to a lower number …
Persistent link: https://www.econbiz.de/10012828434
Firms, especially Chinese manufacturing firms, invest significant resources in innovation activities to sustain their position in the intensifying competitive environment. However, innovation efficiency has led to growing concerns due to the rapid increase in R&D expenditures. The purpose of...
Persistent link: https://www.econbiz.de/10014294979
This paper investigates the relation between product market competition, corporate governance and firm performance in Indian manufacturing industries covering the period 1995-2017. Evidence suggests that firm performance improves as competition increases. Besides, results depict heterogeneity in...
Persistent link: https://www.econbiz.de/10014447639
Persistent link: https://www.econbiz.de/10011387176
We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … manufacturing sectors across 64 countries. A robust finding is that bureaucratic and costly entry regulations tend to hamper … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are …
Persistent link: https://www.econbiz.de/10012918554