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Market Reforms in the Time of Imbalance
Cacciatore, Matteo - 2016
business cycle conditions at the time of deregulation significantly affect adjustment. A reduction of firing costs entails …
Persistent link: https://www.econbiz.de/10012456546
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Banking Deregulations, Financing Constraints, and Firm Entry Size
Kerr, William - 2009
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10012463150
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Differentiation Strategy and Market Deregulation : Local Telecommunication Entry in the Late 1990s
Greenstein, Shane - 2003
The authors examine the role of differentiation strategies for entry behavior in markets for local telecommunication services in the late 1990s. Whereas the prior literature has used models of interaction among homogenous firms, this research is motivated by the claim of entrants that they...
Persistent link: https://www.econbiz.de/10012468937
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Survival of the Fittest or the Fattest? Exit and Financing in the Trucking Industry
Zingales, Luigi - 1997
firms by estimating the effect of the pre-deregulation level of" leverage on the survival of trucking firms after the Carter … deregulation. Highly leveraged" carriers are less likely to survive the deregulation shock, even after controlling for various … charge after deregulation. " …
Persistent link: https://www.econbiz.de/10012472539
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Entry, Contestability, and Deregulated Airline Markets : An Event Study Analysis of People Express
Whinston, Michael D. - 1990
on three issues. First, it offers a clean test of contestable market theory. Second, it provides evidence on the level of …
Persistent link: https://www.econbiz.de/10012475717
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How Do Hospitals Respond to Market Entry? Evidence from A Deregulated Market for Cardiac Revascularization
Li, Suhui - 2013
Regulatory entry barriers to hospital service markets, namely Certificate of Need (CON) regulations, are enforced in many states; although no longer federally mandated, policy makers in other states are considering reinstating CON policies in tandem with service expansions mandated under the...
Persistent link: https://www.econbiz.de/10012459735
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These Are the Good Old Days : Foreign Entry and the Mexican Banking System
Haber, Stephen H. - 2013
In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest commercial banks and relaxed restrictions on the founding of new, foreign-owned banks. The result has been a dramatic shift in the ownership structure of Mexico's banks. For...
Persistent link: https://www.econbiz.de/10012459948
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Deregulation, Misallocation, and Size : Evidence from India
Alfaro, Laura - 2012
This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics … and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource … regressions reveal that the distributional effects of deregulation on firm size are significantly non-linear. The size …
Persistent link: https://www.econbiz.de/10012460010
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Input Constraints and the Efficiency of Entry : Lessons from Cardiac Surgery
Cutler, David M. - 2009
Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of firms in equilibrium. Under input scarcity, however, the welfare loss from free entry is reduced. Further, free entry may increase use of high-quality inputs, as oligopolistic...
Persistent link: https://www.econbiz.de/10012463435
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Does Entry Regulation Hinder Job Creation? Evidence from the French Retail Industry
Bertrand, Marianne - 2001
Does entry regulation hinder job creation? We investigate this question in the context of the French retail industry, a sector that has experienced especially low rates of job creation over the last 25 years. Since the early 70s, the French government has required regional zoning board approval...
Persistent link: https://www.econbiz.de/10012470513