Showing 1 - 10 of 3,120
Persistent link: https://www.econbiz.de/10008926371
that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of sunk … costs and, in particular, market size on entry and exit rates. We analyse a stochastic dynamic model of a monopolistically … show existence and uniqueness of a stationary equilibrium with simultaneous entry and exit: efficient firms survive while …
Persistent link: https://www.econbiz.de/10005136712
patterns of firm entry, exit, survival and employment growth are described and analysed across countries, sectors, and over … entry and exit rates are fairly similar across countries, while post entry performance differ markedly between Europe and … the US, a potential indication of the importance of barriers to firm growth as opposed to barriers to entry. Further, the …
Persistent link: https://www.econbiz.de/10005045880
This study presents evidence on firm entry and exit, growth and survival derived with new data from Eurostat, covering …-country differences in firm entry and exit rates are analysed with a special emphasis on detailed information and communication technology … basic factors, such as countries’ industry composition, crosscountry differences in entry and exit rates in mature sectors …
Persistent link: https://www.econbiz.de/10005049064
organizational change) and 'external' restructuring (the process by which less efficient establishments exit and more efficient …
Persistent link: https://www.econbiz.de/10005666830
In this paper we discuss determinants of firm survival and growth in Germany within its pre-1989 boundaries. We argue that the legal form adopted by a firm is an important indicator of the riskiness of projects undertaken, and that firms under limited liability should be characterized by higher...
Persistent link: https://www.econbiz.de/10005136761
entry of a competitor. As a result, intensified competition may lead to more dispersed prices as well as higher prices for …
Persistent link: https://www.econbiz.de/10005086785
clauses limit the incentives to face-to-face competition and determine segmentation and monopoly pricing even when entry of … new competitors occurs. The development of wholesale trade, instead, may induce generalized entry and retail competition …
Persistent link: https://www.econbiz.de/10010608444
, this being particularly relevant to de novo entrants as compared to entry by established firms. Current size is also found … differences, past growth matters for survival suggesting a partial adjustment process for firm size in the post entry period …. Finally, new plants are more likely to live longer if they enter growing industries or industries with little entry activity. …
Persistent link: https://www.econbiz.de/10005067401
alternative markets available for entry rises, the incumbents' incentive to use debt as a deterrent falls. Thus, a potential …
Persistent link: https://www.econbiz.de/10005458993