We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A … provides a good fit to the dynamics of firm entry and exit, output and R&D, and its implied elasticities are in the ballpark of ….53 because it deters entry of new high-type firms. On the contrary, substantial improvements (of the order of 53 improvement in …

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market … structure and long-run firm values for two U.S. service industries, dentists and chiropractors. We find that entry costs faced …

We study how US branch-banking deregulations affected the entry and exit of firms in the non-financial sector using … how the entry rate, the distribution of entry sizes, and survival rates for firms responded to changes in banking … competition. We also distinguish the relative effect of the policy reforms on the entry of startups versus facility expansions by …