1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that … enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more …

time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …

time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …

be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable …It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can …. Traditional research in the context of entry has explored the strategic reactions of incumbent firms when threatened by the …

be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable …It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can …. Traditional research in the context of entry has explored the strategic reactions of incumbent firms when threatened by the …

’ decision to enter, to expand if successful and to exit if competition becomes unbearable. In this paper, we focus on the … effects of financial development on the entry of new firms and the expansion of successful new businesses. Drawing from … entry of small firms and in sectors that are more dependent upon external finance. This finding is robust to controlling for …

productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 …), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … productivity. Moreover, the firm size advantage found for manufacturing in previous studies nearly disappears for knowledge …