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Market concentration and business survival in static v dynamic industries
Burke, Andrew E.; Hanley, Aoife - 2009
We propose that the effect of market concentration on firm survival is different according to whether an industry is static (low entry and exit) or dynamic. In our empirical analysis we find support for this hypothesis. Industry concentration rates reduce the survival of new plants but only in...
Persistent link: https://www.econbiz.de/10010271957
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Duopoly Dynamics with a Barrier to Entry
Abbring, Jaap H.; Campbell, Jeffrey R. - 2007
This paper considers the effects of raising the cost of entry for a potential competitor on infinite-horizon Markov-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids future fixed costs. We focus on the unique...
Persistent link: https://www.econbiz.de/10010325491
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Antitrust in Open Economies
Francois, Joseph; Horn, Henrik - 2006
We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...
Persistent link: https://www.econbiz.de/10010325574
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Philippines-Japan Free Trade Agreement: Analyzing Its Potential Impact Using a Computable General Equilibrium Model
Yasutake, Taeko - 2004
This study analyzes the potential impact of the Philippines-Japan Free Trade Agreement (FTA) on the Philippine economy … in case of the Philippines' discriminately unilateral tariff reduction on import from Japan using a computable general … tariff rates on imports from Japan would expand the Philippines' import from Japan and in total by 2.36-8.58 and 0 …
Persistent link: https://www.econbiz.de/10011429783
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The propensity to patent with horizontally differentiated products: An empirical investigation
Heger, Diana; Zaby, Alexandra K. - 2009
In this paper we empirically investigate the theoretical results obtained in Zaby (2009). From the theoretical model, which introduces the decision to patent into a setting with horizontally differentiated products we deduce several hypotheses and test these empirically. We find that the...
Persistent link: https://www.econbiz.de/10010301783
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Entrepreneurial innovations and taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - 2011
In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government support schemes. We analyze the effects of such policies to subsidize small businesses in a setting where both the risk-return characteristics of the selected innovation project...
Persistent link: https://www.econbiz.de/10010275011
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The market entry paradox
Stähler, Frank - 1996
This paper discusses a simultaneous market entry game between two firms with different fixed costs. This case is a typical application of mixed strategy equilibria. Conventional wisdom would suggest that the low-cost firm is more likely to enter the market. This presumption is wrong. Instead,...
Persistent link: https://www.econbiz.de/10010275251
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Market Access and Domestic Support Measures
Fontagné, Lionel - In: CESifo Forum 04 (2003) 3, pp. 3-10
Persistent link: https://www.econbiz.de/10011695733
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Bankruptcy Policy Reform and the Productivity Dynamics of Failing Firms: Micro-evidence on Korea
Lim, Youngjae - In: CESifo DICE Report 02 (2004) 2, pp. 34-39
Persistent link: https://www.econbiz.de/10011696470