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We examine the entry and exit process in the Finnish manufacturing industry. Microeconomic explanations of entry and …. The results show that scale economies form a significant entry barrier, but the evidence on their role as an exit barrier …. Industry growth has a positive influence on entry and a negative influence on exit, but also variables describing the general …
Persistent link: https://www.econbiz.de/10005648912
Using data from US labour market areas, we quantify empirical associations between entry by small firms and a vector of …. Distinct and robust associations are found for net and gross rates of entry. These results suggest a richer variety of effects … of entry than previously documented, and point to several potential tradeoffs associated with entry by small firms. …
Persistent link: https://www.econbiz.de/10005190767
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 ….5% because it deters entry of new high-type firms. On the contrary, substantial improvements (of the order of 5% improvement in …
Persistent link: https://www.econbiz.de/10010698829
calculated using discrete-choice demand estimates of own-price and cross-price elasticities. These predicted price-cost margins …
Persistent link: https://www.econbiz.de/10005648871
Persistent link: https://www.econbiz.de/10003367200
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endogenous labour supply, distortionary taxation and no private capital. The economy is hit by two fundamental shocks: demand and …
Persistent link: https://www.econbiz.de/10005207156
Using real time data from the OECD and fiscal policy reaction functions, this study explores euro area fiscal policies since the late 1990s. Both discretionary plans for the budget year and policy changes during budget implementation stages are investigated. The main focus is on the fiscal...
Persistent link: https://www.econbiz.de/10009358950
This study explores real time uncertainty in euro area fiscal policies since the late 1990s. Using real time data from the OECD Economic Outlook publications we investigate the impact of real time uncertainty on fiscal planning and debt accumulation separately for two country groups in the euro...
Persistent link: https://www.econbiz.de/10010611667
This paper deals with the fiscal behaviour of governments in the 1920s and 1930s. The intention is to see whether there were the same features in government behaviour as in the post-World War II era. In par-ticular, attention is paid to asymmetric fiscal policies, ie the question of whether...
Persistent link: https://www.econbiz.de/10005771134