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Ziel des Beitrags ist eine empirische Analyse der Bedeutung möglicher Determinanten des Überlebens von Neugründungen in der badenwürttembergischen Industrie in der Zeit von 1981 bis 1994. Für die Studie wurden erstmals Daten der amtlichen baden-württembergischen Industriestatistik auf der...
Persistent link: https://www.econbiz.de/10011516525
different structural changes between countries to separate the respective effects. Our results show that the effect of entry … lead to misleading conclusions. We find no robust evidence that entry has a price-decreasing effect on markets with … originally 2 operators. However, the entry of a 4th operator does have a price-decreasing effect, but with different dynamics …
Persistent link: https://www.econbiz.de/10010208984
introduced to pre-empt the entry of low cost competitor declined at the time of entry. Moreover, we find that regulation, which … competition between established operators and by entry of fourth low cost operator. …
Persistent link: https://www.econbiz.de/10011774522
This paper presents a firm and market model that is able to reproduce the empirically observed patterns on firm growth and its statistical characteristics. It goes beyond the existing firm models by reproducing all stylized facts established in the literature. Furthermore, the model is flexible...
Persistent link: https://www.econbiz.de/10011303760
benchmark countries. We then examine the market structure based on the concentration, firms' size, and entry and exit dynamics … point to the importance of specific barriers to entry in explaining the relationship between these three characteristics. …
Persistent link: https://www.econbiz.de/10011458072
We develop a model of a city populated by heterogeneous agents. Agents self-select into entrepreneurship, and entrepreneurs set up firms which hire workers. We characterize the equilibrium matching between firms and workers, as well as the within-city assignment of agents to locations. We then...
Persistent link: https://www.econbiz.de/10011491203
This paper evaluates four publicly discussed policy options to mitigate market power in the German wholesale electricity market. These four options are: a regulatory solution favoured by the Federal Ministry for Economics and Technology, the implementation of a day-ahead flow-based market...
Persistent link: https://www.econbiz.de/10012728666
Based on an analysis of cartel prosecutions since 2007, this article assesses the way the European Commission has built up its fines in practice. The fines are compared with those imposed by the European Commission over the period from 1999 to 2006. The main findings are that, while fines have...
Persistent link: https://www.econbiz.de/10012940532
We show that statistical tests of OPEC behavior have very low power across a wide range of alternative hypotheses regarding market structure. Consequently, it is difficult, given the current availability and precision of data on demand and costs, to distinguish collusive from competitive...
Persistent link: https://www.econbiz.de/10012708235
a standard Hopenhayn (1992) model of firm dynamics with entry and exit. The calibrated model replicates these empirical …
Persistent link: https://www.econbiz.de/10013210491