does not affect exit or growth of newly-founded firms. A model of entrepreneurial choice and complementary survey evidence …

This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … balanced growth. I assume that firm-level growth is the result of idiosyncratic productivity improvements while there is … market. The model is consistent with a set of salient regularities of firm and exporter selection and growth, as well as the …

Survey forecasts are prone to entry and exit of forecasters as well as forecasters not contributing every period …

concepts. Then we examine existence of competitive equilibria with free exit and study whether maximal individual power is …

Vietnam. Tariff reductions led to entry of foreign and private firms and to employment expansion in formal manufacturing, with …. Half of tariff-induced foreign entrant growth is post-entry and exporter-driven. Foreign entrants are from non-US sources … domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from …

Financial constraints are an important impediment to the growth of small businesses. We study theoretically and … decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … collateralizable housing wealth in a region delays chains' entry into franchising by 0.28 years on average, 9 percent of the average …

formalizes the underlying interaction of risk, fixed export costs and firms' market entry decisions based on techniques known …