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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/10010397677
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
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
prices. This paper focuses on implications for market entry. In particular, we consider the entry decisions of generic … likelihood that the generic enters. We find robust evidence for this prediction. The negative effect of common ownership on entry … is large: a one-standard-deviation increase in common ownership decreases the probability of generic entry by 9-13%. We …
Persistent link: https://www.econbiz.de/10012041144
recently drawn attention. This paper focuses on implications for entry. We consider the entry decisions of generic …-standard-deviation increase in common ownership decreases the probability of individual entry by 9-13%, whereas a one-standard-deviation increase …
Persistent link: https://www.econbiz.de/10012123288
researchsuggests that common ownership can lead to higher prices. This paper focuses on implications for market entry. To estimate the … effect of common ownership on entry decisions, we focus on the pharmaceutical industry. In particular, we consider the entry … potential generic entrant reduces the generic's incentives to entry. We provide robust evidence for this prediction. The effect …
Persistent link: https://www.econbiz.de/10011865436
We investigate patterns in common ownership networks between firms that are active in the US pharmaceutical industry for the period 2004-2014. Our main findings are that "brand firms" - i.e. firms that have R&D capabilities and launch new drugs - exhibit relatively dense common ownership...
Persistent link: https://www.econbiz.de/10012384544