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

choices are product quality, price and the timing of entry and exit. Further, firms incur sunk quality costs at time of entry …

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 …

subsequent entry plays a primary role in generating turbulence in high growth markets, while displacement of incumbents by recent … entrants is the main selection force in declining markets. As product life cycles progress, trial-and-error entry subsides, and …

a new class of trade models: the New New Trade Theory which accounts for firm heterogeneity and market entry costs. The …

subsequent entry plays a primary role in generating turbulence in high growth markets, while displacement of incumbents by recent … entrants is the main selection force in declining markets. As product life cycles progress, trial-and-error entry subsides, and …

a new class of trade models: the New New Trade Theory which accounts for firm heterogeneity and market entry costs. The …

of a new class of trade models: the New New Trade Theory which accounts for firm heterogeneity and market entry costs …

that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of sunk … costs and, in particular, market size on entry and exit rates. We analyse a stochastic dynamic model of a monopolistically … show existence and uniqueness of a stationary equilibrium with simultaneous entry and exit: efficient firms survive while …