of incumbent firm-exit. The calibrated model quantitatively predicts firm exit, growth, and the resulting firm size …

Do firm entry and exit play a major role in shaping aggregate dynamics? Our answer is yes. Entry and exit propagate the … time, keeping aggregate efficiency higher than in a scenario without entry or exit …

play is similar to that of entry and exit of firms. We focus on and compare two periods: 1890-1930 during which electricity …

extension provides an accounting for the contributions of both firm entry and exit to aggregate productivity changes. It breaks … these same four components introduce some biases in the measurement of the contributions of entry and exit.We apply our … associated with entry and exit is substantial, accounting for up to 10 percentage points of aggregate productivity growth. We …

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market … structure and long-run firm values for two U.S. service industries, dentists and chiropractors. We find that entry costs faced …

Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively …

relationship. We develop a model of endogenous firm entry and exit based on Hopenhayn (1992). Firms enter with efficiencies drawn …Using data from Chile and Korea, we find that a larger fraction of aggregate productivity growth is due to firm entry … and exit during fast-growth episodes compared to slow-growth episodes. Studies of other countries confirm this empirical …

entrants into a market and measure its effect on the plant's decision to exit the market. Using plant-level data for seven … important role in the subsequent exit decision, affecting both the overall probability of exit and the method of exit. After … diversifying their product mix, and new plants owned by experienced firms. The results indicate that the exit decision cannot be …

predictions, and find evidence to support the hypothesis that firms' high entry and exit rates are outcomes of their rational self …