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 …

firm entry and survival. Using data covering broad manufacturing and service sectors in 17 countries this paper … investigates how changes in fiscal policy and market size affect rates of firm entry and exit. We find that reductions in fiscal … immediate aftermath of a 5 percent reduction in market size the rate of entry falls by approximately 0.25 percentage points …

within a region, explicitly taking into account exit, as well as entry, costs. Protecting workers by having strict lay … influence the entry decision? …