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 …

This paper examines the impact of international trade on firm entry and exit in Europe. The results point to strong … displacement exit and less creative replacement entry in industries characterized by increasing import competition Moreover, the … evidence suggests strong selection and higher entry barriers in industries characterized by higher openness through the export …

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