Showing 1 - 8 of 8
The paper refers to capacity utilisation, applying a short-cut that is sometimes used in business cycle research to yearly GDP and investment data from 1960 to the present for 22 countries. The basic idea is that the empirical short-run fluctuations of the capital output ratio v are mainly due...
Persistent link: https://www.econbiz.de/10005342165
This paper analyses plant entry, total factor productivity growth, average productivity level differentials and … plant cohorts as well as across sub-markets within petrochemicals. Entry flows were steady increasing within plastics … that entrants adopted competitive post-entry strategies. Total factor productivity growth decomposition shows that the …
Persistent link: https://www.econbiz.de/10005328914
This paper studies the probability of survival of the manufacturing plants that start producing in Chile in the period 1979-1999 using a proportional hazards model. Opposing previous empirical international evidence, the survival diminishes with age, initial size, and with the rate of growth of...
Persistent link: https://www.econbiz.de/10005328922
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 …, which may imply that stores less able to adapt to the new requirements made room for the entry of stores better able to …
Persistent link: https://www.econbiz.de/10005328982
industry structrure (product life cycle) and changes in size and age distribution of firms over time. We explain why entry may … firms indifferent between alternative entry and exit decisions. Their investment levels after entry reflects their length of …
Persistent link: https://www.econbiz.de/10005130186
models into a unique one that point identifies the parameters of interest. We allow for a more flexible model of entry …. We might observe the wide dispersion because demand for airline travel is non-linear; because entry costs depend on the … network airlines strategically accommodate the entry of smaller carriers. We use our new econometric method to investigate the …
Persistent link: https://www.econbiz.de/10005063607
charges may make the firms collude on high prices. Moreover, when allowing for entry, we show that incumbents can profitably …
Persistent link: https://www.econbiz.de/10005702527
One result of the deregulation of utilities in New Zealand has been the bypass of existing networks. We investigate two cases of bypass in the distribution of natural gas, and compare the welfare properties of regulation vs.\ the `laissez-faire' equilibrium. We demonstrate that installing a...
Persistent link: https://www.econbiz.de/10005702578