asymmetric firms, restructuring, and entry. We show how these welfare effects depend on the initial level of market development …, and restructuring and entry costs. The model generates an endogenous demand for infrastructure investment, and the … simulate the relative welfare effects of reducing transport, restructuring and entry costs, and we evaluate in each case the …

incentives for relatively low-cost firms to enter the market, and thus improves the efficiency of the entry process. The … among firms, the proportion of high-cost firms, the cost of restructuring, and entry costs for new firms. …

especially strong in the first years after entry. However, the bulk of accumulated knowledge is lost during short periods of exit …

leads to downward biased observations of the level of activity upon entry and upward biased growth rates between the year of … entry and the following year. This paper examines the implications of partial year effects using Peruvian export data. The …

dynamic behaviour of individual heterogeneous firms, describes the evolution of an industry with simultaneous entry and exit …