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Bernard, Andrew B. - 1998

This paper examines the decision to enter the export market by German firms. While exports have played an important … role in recent German business cycle movements, little is known about the export supply response of German firms. This … paper presents a dynamic model of the export decision by a profit-maximizing firm. Using a panel of German manufacturing …

Persistent link: https://www.econbiz.de/10012472269

GDPR and the Lost Generation of Innovative Apps

Janßen, Rebecca; Kesler, Reinhold; Kummer, Michael E.; … - National Bureau of Economic Research - 2022

Using data on 4.1 million apps at the Google Play Store from 2016 to 2019, we document that GDPR induced the exit of about a third of available apps; and in the quarters following implementation, entry of new apps fell by half. We estimate a structural model of demand and entry in the app...

Persistent link: https://www.econbiz.de/10013210056

Labor Force Entry and Exit of Older Men : A Longitudinal Study

Slade, Frederic P. - 1982

The labor force participation rate of older men under age 65 has shown a significant recent decline. Cross-sectional studies linking early retirement to increased Social Security income have also made explicit or implicit temporal projections of changes in participation in response to changes in...

Persistent link: https://www.econbiz.de/10012478076

Excessive Entry and Exit in Export Markets

Kasahara, Hiroyuki - 2019

Using transaction-level data for all Chinese firms exporting between 2000 and 2006, we find that on average 78% of exporters to a country in a given year were new exporters. Among these new exporters, an average of 60% stopped serving the same country the following year. These rates are higher...

Persistent link: https://www.econbiz.de/10012479827

The Failure of Free Entry

Gutiérrez, Germán - 2019

We study the entry and exit of firms across U.S. industries over the past 40 years. The elasticity of entry with respect to Tobin's Q was positive and significant until the late 1990s but declined to zero afterwards. Standard macroeconomic models suggest two potential explanations: rising entry...

Persistent link: https://www.econbiz.de/10012479950

Entry, Exit, and the Determinants of Market Structure

Dunne, Timothy - 2009

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a dynamic, structural model of entry and exit in...

Persistent link: https://www.econbiz.de/10012463337

A Comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? Examination of the Japanese economy in the 1990s"

Okada, Tae - 2007

Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively efficient firms exited while relatively inefficient firms survived during the banking-crisis period of 1996-97. They conclude that the natural selection mechanism (NSM) apparently...

Persistent link: https://www.econbiz.de/10012465352

Multi-Product Firms and Product Switching

Bernard, Andrew B. - 2006

This paper examines the frequency, pervasiveness and determinants of product switching among U.S. manufacturing firms. We find that two-thirds of firms alter their mix of five-digit SIC products every five years, that one-third of the increase in real U.S. manufacturing shipments between 1972...

Persistent link: https://www.econbiz.de/10012466375

Does the Profit Motive Make Jack Nimble? Ownership Form and the Evolution of the U.S. Hospital Industry

Chakravarty, Sujoy - 2005

We examine the evolving structure of the U.S. hospital industry since 1970, focusing on how ownership form influences entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for-profit and not-for-profit hospitals differ regarding...

Persistent link: https://www.econbiz.de/10012466967

Entrant Experience and Plant Exit

Dunne, Timothy - 2003

Producers entering a market can differ widely in their prior production experience, ranging from none to extensive experience in related geographic or product markets. In this paper, we quantify the nature of prior plant and firm experience for entrants into a market and measure its effect on...

Persistent link: https://www.econbiz.de/10012468561

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