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We study the distortions of industrial organization caused by entry regulation. We take advantage of heterogeneity … affected in countries according to entry regulation. First, we consider the effect of entry regulation on the (static) industry … structure. We find that regulation has a greater impact in industries with lower natural barriers to entry, both on the number …
Persistent link: https://www.econbiz.de/10008568384
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-hand tail of the firm size distribution thickens significantly, suggesting increased entry by small firms. However, the …
Persistent link: https://www.econbiz.de/10009678208
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I study how entry barriers affect productivity by exploiting the collapse of the US sugar cartel as a natural … experiment. Using difference-in-difference estimations, I find the eradication of entry barriers caused a 35% increase in …
Persistent link: https://www.econbiz.de/10010939491
market with horizontal product differentiation when choosing its level of roll-out. The endogenous extent of entry influences … downstream retail prices; Bertrand or local monopoly pricing or a mixed strategy equilibrium may emerge. Importantly, entry may …
Persistent link: https://www.econbiz.de/10005124418
In industries with network effects, incumbents' installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the … not necessarily restrict the innovation incentives and that network effects promote acquisitions over entry. …
Persistent link: https://www.econbiz.de/10011117298
In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the … necessarily restrict innovation incentives. We also show that network effects promote acquisitions over entry and that the …
Persistent link: https://www.econbiz.de/10011083667
substantial positive effect of deregulation on net entry and small business employment and no effect on pollution and public …
Persistent link: https://www.econbiz.de/10005667109
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