Narrow search
Showing 1 - 10 of 404
Cover Image
Strategic Advantage and the Optimal Exercise of Entry Options
Perotti, Enrico C; Rossetto, Silvia - C.E.P.R. Discussion Papers - 2001
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
Cover Image
Restructuring And Productivity Growth In UK Manufacturing
Disney, Richard F; Haskel, Jonathan; Heden, Ylva - C.E.P.R. Discussion Papers - 2000
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
Cover Image
Supermarkets and Planning Regulation
Griffith, Rachel; Harmgart, Heike - C.E.P.R. Discussion Papers - 2008
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
Cover Image
Imperfect Competition, Market Size and Firm Turnover
Asplund, Björn Marcus; Nocke, Volker - C.E.P.R. Discussion Papers - 2000
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
Cover Image
The Survival of New Plants: Start-up Conditions and Post-entry Evolution
Guimaraes, Paulo; Mata, José; Portugal, Pedro - C.E.P.R. Discussion Papers - 1995
, 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
Cover Image
Vaccines vs. Preventives
Kremer, Michael; Snyder, Christopher - C.E.P.R. Discussion Papers - 2015
Preventives are sold ex ante, before disease status is realized, while treatments are sold ex post. Even if the mean of the ex ante distribution of consumer values is the same as that ex post, the shape of the distributions may differ, generating a difference between the surplus each product can...
Persistent link: https://www.econbiz.de/10011196028
Cover Image
Impacts of Patent Expiry and Regulatory Policies on Daily Cost of Pharmaceutical Treatments: OECD Countries, 2004-2010
Berndt, Ernst R; Dubois, Pierre - C.E.P.R. Discussion Papers - 2012
Cross-country variability in regulatory frameworks, industrial policy, physician/pharmacy autonomy, brand/generic distinctions, and in the practice of medicine contributes to ambiguous interpretations of pharmaceutical cost comparisons. Here we report cross-country comparisons that: (i) focus on...
Persistent link: https://www.econbiz.de/10011083891
Cover Image
The Demise of Investment Banking Partnerships: Theory and Evidence
Morrison, Alan; Wilhelm Jr, William J - C.E.P.R. Discussion Papers - 2005
Until 1970, the New York Stock Exchange prohibited public incorporation of member firms. After the rules were relaxed to allow joint stock firm membership, investment-banking concerns organized as partnerships or closely-held private corporations went public in waves, with Goldman Sachs (1999)...
Persistent link: https://www.econbiz.de/10005656352
Cover Image
Dynamique des entreprises : l'entree et la sortie d'entreprises dans les provinces canadiennes, 2000 a 2009
Liu, Huju; Wang, Weimin; Baldwin, John R. - Statistics Canada, Government of Canada - 2013
Le present document decrit les tendances de l'entree et de la sortie d'entreprises dans les provinces canadiennes, le lien entre ces tendances et les differences de structure industrielle, et la reaction de l'entree et de la sortie d'entreprises aux changements qui se produisent dans...
Persistent link: https://www.econbiz.de/10011003187
Cover Image
Firm Dynamics: Firm Entry and Exit in the Canadian Provinces, 2000 to 2009
Liu, Huju; Wang, Weimin; Baldwin, John R. - Statistics Canada, Government of Canada - 2013
This paper describes the patterns of firm entry and exit across provinces in Canada, the relationship of these patterns … to differences in industrial structure and the response of firm entry and exit to changes in the economic environment …. Firm entry and exit play an important role in shaping industrial structure and dynamics. Although entry and exit are …
Persistent link: https://www.econbiz.de/10011003194