entry of new firms and the failure rates (exit) of existing firms. The data used in the study are counts of business … establishments currently operating by county and type of business. Backing out the entry and exit rates from the establishment count … imposed real costs on retail stores, encouraging exit. However, the exit of incumbents was partially offset by new entrants …

Abstract This paper contends that the regime selection probability can provide an “empirically justifiableâ …€ alternative to the GL index as a measurement of intra-industry trade. The regime selection probability is an average of sample … selection probability that each trade flow data comes from inter-industry trade (or equivalently from intra-industry trade). It …

strategic entry-deterrence framework where the original producer chooses a pricing strategy that either allows or deters the … pirate’s entry. Sensitivity to tax revenues is a necessary but not a sufficient condition to prevent piracy. Welfare … pirate’s entry is deterred. The equilibrium entry-deterring price may be less than the equilibrium monopoly price. Only in …