be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable …. Traditional research in the context of entry has explored the strategic reactions of incumbent firms when threatened by the … possibility of entry. However, following De Soto (1989), there has been increasing emphasis on regulatory and institutional …

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …

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 … other potential entry barriers (labor market regulations and entry regulations). On the other hand, financial development …

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 … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …

. In this framework, economy-wide barriers to entry hinder the development of dynamic sectors such as service industries … presented shows that regulatory entry barriers help explaining differences in the sectoral allocation of labor across OECD …

This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search … frictions. Modeling multiple-worker firms allows us to distinguish between the exit-and-entry (extensive) margin, and the hiring …-and-firing (intensive) margin. We characterize analytically how both margins depend on regulation before we calibrate the model to the US …

This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous … rate of unemployment. We distinguish between PMR related to entry costs and PMR that generates recurrent fixed costs. We … find that: (i) higher entry costs raise the rate of unemployment mainly through our novel selection effect, (ii) higher …

matching model which illustrates how barriers to entry in the product market mitigate the impact of labor market deregulation …. We, then, use the Italian Social Security employeremployee panel to study the interaction between barriers to entry and …

Are product market and entry regulation key sources of low employment growth in many European countries? We investigate … region specific variation in boards? approval decisions. We show that stronger deterrence of entry by the boards, and the …

country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …