Showing 1 - 10 of 73
The paper provides a means of estimating, with a given parameter of conjectural variation, international trade barriers under imperfect competition from data on market shares of different countries and producers in various markets, number of exporting firms and elasticities of demand. The method...
Persistent link: https://www.econbiz.de/10010685039
Entry of large ("big-box") stores along with a drastic fall in the number of stores are striking trends in retail. We use a dynamic model to measure the impact of large entrants on productivity, allowing for a controlled productivity process and accounting for prices, local markets, and the...
Persistent link: https://www.econbiz.de/10011098215
Quantifying possible inefficiencies stemming from regulation is important to both policymakers and researchers. We use a dynamic structural model to evaluate the role of local market entry regulations in the productivity of retail trade. Our model is flexible with respect to how local market...
Persistent link: https://www.econbiz.de/10011240431
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market structure in retail. The model incorporates demand and store-level heterogeneity. Based on unique data for all retail food stores in Sweden, we find that the average entry costs...
Persistent link: https://www.econbiz.de/10010699973
-rational modes underlie both the erratic perturbations of entrepreneurship and the systematic waves of diffusion they initiate which … possible by financial intermediation. They imply asymmetric changes in individual welfare. The markets for entrepreneurship …
Persistent link: https://www.econbiz.de/10011019055
It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness...
Persistent link: https://www.econbiz.de/10011211884
Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …. When unique attributes of entrepreneurship are taken into account, some major conclusions of capital taxation models no …
Persistent link: https://www.econbiz.de/10005082489
Can educational institutions explain occupational choice between wage employment and entrepreneurship? This paper … is more likely to enter into entrepreneurship. In the theoretical model proposed, abilities are an outcome of talent and …
Persistent link: https://www.econbiz.de/10005025459
We construct a model where incumbents can either acquire basic innovations from entrepreneurs, or wait and acquire developed innovations from entrepreneurial firms supported by venture capitalists. We show that venture-backed entrepreneurial firms have an incentive to overinvest in development...
Persistent link: https://www.econbiz.de/10005025461
This paper makes use of individual data for 2004 to 2008 on owners of closely-held businesses in Sweden to estimate the role of both tax and non-tax determinants in the choice to be a closely-held corporation vs. a proprietorship. While lower-income individuals face relatively neutral...
Persistent link: https://www.econbiz.de/10010539860