Showing 1 - 10 of 492
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 …
Persistent link: https://www.econbiz.de/10012459446
of incumbent firm-exit. The calibrated model quantitatively predicts firm exit, growth, and the resulting firm size …
Persistent link: https://www.econbiz.de/10012461105
play is similar to that of entry and exit of firms. We focus on and compare two periods: 1890-1930 during which electricity …
Persistent link: https://www.econbiz.de/10012469429
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 market. Comparing long-run equilibria with and without GDPR, we find that GDPR …
Persistent link: https://www.econbiz.de/10013210056
indicate significant effects of poor health, initial assets, and initial pension eligibility on the probabilities of exit and … entry from the labor force. Social Security benefits are found to have insignificant or unexpected effects. The results also …
Persistent link: https://www.econbiz.de/10012478076
predictions, and find evidence to support the hypothesis that firms' high entry and exit rates are outcomes of their rational self …
Persistent link: https://www.econbiz.de/10012479827
We study the entry and exit of firms across U.S. industries over the past 40 years. The elasticity of entry with … models suggest two potential explanations: rising entry costs or rising returns to scale. We find that neither returns to … scale nor technological costs can explain the decline in the Q- elasticity of entry, but lobbying and regulations can. We …
Persistent link: https://www.econbiz.de/10012479950
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 …
Persistent link: https://www.econbiz.de/10012463337
Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively …
Persistent link: https://www.econbiz.de/10012465352
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