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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
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
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012484750
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012433753
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012434185
Persistent link: https://www.econbiz.de/10012435629
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/10013070762
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/10013144429
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...
Persistent link: https://www.econbiz.de/10012444204
Norwegian growth has been strong over the past decade. This development has been supported by the off-shore sector, but depleting oil reserves implies that growth will have to rely increasingly on the mainland economy. Empirical work shows that competition is important for promoting economic...
Persistent link: https://www.econbiz.de/10012444401