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We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market …
Persistent link: https://www.econbiz.de/10010206790
business exit, otherwise it is a status quopreserving business exit. The motives for divestiture specified in prior studies are … choice between strategic and status quo-preserving business exit with secondary data on 213 divestitures during 1999 … firm financial performance is a stronger predictor of strategic business exit than corporate strategy. -- divestiture …
Persistent link: https://www.econbiz.de/10003634737
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
Persistent link: https://www.econbiz.de/10010195032
We study patterns of entry and exit in the German interurban bus industry in the first three years after its … monopoly basis, competition does play a key role on routes with a sufficiently large base of (potential) customers. From a … 24 years old and the presence of intermodal competition by intercity railway services. …
Persistent link: https://www.econbiz.de/10011739013
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Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market …
Persistent link: https://www.econbiz.de/10013070762
Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market …
Persistent link: https://www.econbiz.de/10013156542
Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market …
Persistent link: https://www.econbiz.de/10013144429