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competitor. We show that this mechanism is welfare improving but it generates inefficient entry. That is a more efficient …
Persistent link: https://www.econbiz.de/10010263090
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …
Persistent link: https://www.econbiz.de/10010195032
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger … evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of … dominated mergers. Interestingly, we also find that mergers foreclose potential entry in other product markets and reduce the …
Persistent link: https://www.econbiz.de/10011481190
determinants of route entry for both providers. Applying survival models, we find that both companies show an increased probability … increased entry probability independent of the presence of a competitor. …
Persistent link: https://www.econbiz.de/10011514694
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market … stores in Sweden, we find that the average entry costs for small and large stores are 10 and 18 percent lower, respectively …, in markets with liberal compared with restrictive regulations. Counterfactual simulations show that lower entry costs in …
Persistent link: https://www.econbiz.de/10010206790
We study patterns of entry and exit in the German interurban bus industry in the first three years after its … German cities - with the intensity of entry being dependent on the number of inhabitants, average income, the share of under …
Persistent link: https://www.econbiz.de/10011739013
competitor. We show that this mechanism is welfare improving but it generates inefficient entry. That is a more efficient …
Persistent link: https://www.econbiz.de/10004968359
This paper suggests a holistic framework for assessing farm competitiveness, and analyses competitiveness of different type of Bulgarian farms. First, it present a new approach for assessing farm competitiveness defining farm competitiveness and its three criteria (efficiency, adaptability and...
Persistent link: https://www.econbiz.de/10013137539
Despite its importance and continuing debates, there is still no consensus on what is the competitiveness of farms, how to measure the competitiveness of different organizations in agriculture, what is the absolute and comparative competitiveness of different types of farms, which are the...
Persistent link: https://www.econbiz.de/10013238409
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046