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disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the … interrelationship between firm entry and exit in disequilibrium. Introducing a new methodology we investigate whether this … new-firm entry) while in overshoots competition induced by new firms (in particular strong displacement) helps restore …
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by both high entry and high exit rates. … entrepreneurs and theentry and exit rate of entrepreneurs simultaneously and consistently. We apply our unified approach tothe …
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Firm entry and exit flows in the retailing and consumer services may be viewed as market equilibrating processes. Local …' effect on entry in easy-to-enter industries, but also a significant effect of unemployment on exit. … markets with considerable market room and high unemployment ought to be characterized by high subsequent entry rates and low …
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