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 …

, 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 …

that (a) contest entry and rent-seeking expenditures increase with the size of the prize; and (b) earnings are equalized …

that (a) contest entry and rent-seeking expenditures increase with the size of the prize; and (b) earnings are equalized …

asymmetric firms, restructuring, and entry. We show how these welfare effects depend on the initial level of market development …, and restructuring and entry costs. The model generates an endogenous demand for infrastructure investment, and the … simulate the relative welfare effects of reducing transport, restructuring and entry costs, and we evaluate in each case the …