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 …

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

especially strong in the first years after entry. However, the bulk of accumulated knowledge is lost during short periods of exit …

dynamic behaviour of individual heterogeneous firms, describes the evolution of an industry with simultaneous entry and exit …

leads to downward biased observations of the level of activity upon entry and upward biased growth rates between the year of … entry and the following year. This paper examines the implications of partial year effects using Peruvian export data. The …