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time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …
Persistent link: https://www.econbiz.de/10011255936
We investigate the timing and the valuation of strategic investment aimed at enhancing entry opportunities in related … market segments. As demand is uncertain, entry options should be exercised at the optimal time, trading off the market share … gain against the option to wait until more information is revealed, while anticipating competitors' entry behaviour. When …
Persistent link: https://www.econbiz.de/10005662306
We analyse productivity growth in UK manufacturing 1980-92 using the newly available ARD panel of establishments drawn from the Census of Production. We examine the relative importance of 'internal' restructuring (such as new technology and organizational change) and 'external' restructuring...
Persistent link: https://www.econbiz.de/10005666830
We are interested in evaluating the impact of restrictive planning regulation on entry into the UK grocery retail …
Persistent link: https://www.econbiz.de/10005788990
The aim of this paper is to analyse empirically entry decisions by generic firms into markets with tough regulation … patents and pricing across drug markets in Spain are useful to identify the impact of regulations on generic entry. Estimates … entry in markets with price regulations are similar to less regulated markets: generic firms entries are positively affected …
Persistent link: https://www.econbiz.de/10005771939
entry into markets, there is little empirical evidence that incumbent firms effectively behave in this way. Bagwell and …
Persistent link: https://www.econbiz.de/10005772278
The aim of this paper is to analyse empirically entry decisions by generic firms into markets with tough regulation … patents and pricing across drug markets in Spain are useful to identify the impact of regulations on generic entry. Estimates … entry in markets with price regulations are similar to less regulated markets: generic firms entries are positively affected …
Persistent link: https://www.econbiz.de/10005772415
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
, 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
by both high entry and high exit rates. …
Persistent link: https://www.econbiz.de/10011256593