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 … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …

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 … effects of entries and exits in health care markets are less obvious. The following paper studies the determinants of entry …

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 …

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 … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …

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 …

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 …

may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an … exit mechanism, whereby the opportunity to leave the partnership can be used as a threat against free-riders. We examine … on provision only through the exit mechanism. Assortative selection of interaction partners seems to play a minor role in …