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This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
Persistent link: https://www.econbiz.de/10009764443
probit model with self-selection. Our estimation results highlight the fact that firms ́relatedness in technology and product …
Persistent link: https://www.econbiz.de/10010223406
Persistent link: https://www.econbiz.de/10003495613
may be positive or negative, depending on foreign countries' trade position. -- innovation ; financial development ; R …
Persistent link: https://www.econbiz.de/10009240877
pharmaceutical industry has different impacts on the technology and product markets. Using a comprehensive dataset on the … though they increased firms' activity in the technology markets. This result highlights the fact that firms re-optimize their …
Persistent link: https://www.econbiz.de/10010229875
technology in late stages of the development process (Phases 3 clinical testing and regulatory filing). Our study provide …
Persistent link: https://www.econbiz.de/10012219372