Showing 1 - 10 of 12,299
subsequent entry plays a primary role in generating turbulence in high growth markets, while displacement of incumbents by recent … entrants is the main selection force in declining markets. As product life cycles progress, trial-and-error entry subsides, and … the use of panel data to study the evolution of single product markets. We find that replacement of exiting firms by …
Persistent link: https://www.econbiz.de/10010263805
time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …
Persistent link: https://www.econbiz.de/10010325332
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/10010335637
1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that … enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more …
Persistent link: https://www.econbiz.de/10010263814
time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …
Persistent link: https://www.econbiz.de/10010271755
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations … regulations for the welfare of differentiated product industries with endogenous entry and exit. … demand, recover variable profits, and estimate entry costs and fixed costs by store type. Counterfactual policy experiments …
Persistent link: https://www.econbiz.de/10011442488
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/10010397677
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/10011739421
by both high entry and high exit rates. … entrepreneurs and theentry and exit rate of entrepreneurs simultaneously and consistently. We apply our unified approach tothe …
Persistent link: https://www.econbiz.de/10011333271
time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …
Persistent link: https://www.econbiz.de/10011337988