This paper provides evidence on the relation between the intensity of product market competition and the probability of … product market competition and the probability of exit. -- competition intensity ; exit ; natural experiment …

The emergence of competition is a defining aspect of human nature and characterizes many important social environments …

Hundreds of millions of microenterprises in emerging economies face increased competition from the entry and expansion …, neighborhood shops, confront competition from convenience chains (e.g., 7- Eleven) in Mexico. To address the endogeneity in time …

The effect of market competition on firm innovation remains controversial, especially in the context of developing … countries. This paper presents new empirical evidence about the causal impact of competition on firm innovation for Chilean and … Colombian manufacturing firms. Using instrumental-variable estimation, our results show that market competition increases firm …