evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …

competitor. We show that this mechanism is welfare improving but it generates inefficient entry. That is a more efficient …

We empirically quantify the welfare implications of bank entry in the United States between 2000 and 2008. We use a … market outcomes. We find no evidence for under- or over-entry. Compared with the socially efficient outcome, there is a mild … significantly improves welfare under free entry. …

, obtained through price control legislation and legislation that eases the entry of generic products into the market, has caused …

of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit …. Our empirical results confirm that foreign entry indeed generates strong heterogeneous growth patterns among domestic …