1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that … enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more …

We study patterns of entry and exit in the German interurban bus industry in the first three years after its … German cities - with the intensity of entry being dependent on the number of inhabitants, average income, the share of under …

Exploiting the unique economic situation after German unification, I investigate how exit decisions deviate between new … firms in a transition and a comparatively stable market environment. Two competing exit mechanisms are considered … the competing exit modes proves to be crucial in semi-parametric propor- tional hazard-rate estimations. Comparing East …

business exit, otherwise it is a status quopreserving business exit. The motives for divestiture specified in prior studies are … choice between strategic and status quo-preserving business exit with secondary data on 213 divestitures during 1999 … firm financial performance is a stronger predictor of strategic business exit than corporate strategy. …