Firm turnover has recently attracted increased interest in economic research. The entry of new firms increases … entry usually leads to increased innovation. The health care market exhibits important differences as compared to other … markets, including various forms of market failure and, as a consequence, extensive market regulation. Thus, the economic …

time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … markets, the failure of many newcomers and the expansion of successful ones. This process of creative destruction affects …

This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics …, to discriminate between three aspects of industry dynamics: the effect of entry and exit on market equilibrium, duration … simultaneous equilibrium model of profits, entry and exit. We find that indeed entrants play an entrepreneurial function causing …

evidence for a prolonged positive exit effect that mirrors market selection during the early stages of firms'; lifecycle. This … effect is tightly related to the negative initial productivity effect of entry. We also find some evidence that productivity …

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 …

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 …

time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … markets, the failure of many newcomers and the expansion of successful ones. This process of creative destruction affects …

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 … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …