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 … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market … stores in Sweden, we find that the average entry costs for small and large stores are 10 and 18 percent lower, respectively …, in markets with liberal compared with restrictive regulations. Counterfactual simulations show that lower entry costs in …

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 … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a …

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 … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a …

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 … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

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

evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of …The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger … dominated mergers. Interestingly, we also find that mergers foreclose potential entry in other product markets and reduce the …

We study patterns of entry and exit in the German interurban bus industry in the first three years after its … monopoly basis, competition does play a key role on routes with a sufficiently large base of (potential) customers. From a … German cities - with the intensity of entry being dependent on the number of inhabitants, average income, the share of under …

This paper investigates the effects of mergers, entry, and exit in retail markets when input prices are negotiated … forms of demand and retail competition. Whether countervailing buyer power arises, in the form of lower negotiated prices …

of demand and retail competition. Whether countervailing buyer power arises, in the form of lower negotiated prices …