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We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations … regulations for the welfare of differentiated product industries with endogenous entry and exit. … demand, recover variable profits, and estimate entry costs and fixed costs by store type. Counterfactual policy experiments …
Persistent link: https://www.econbiz.de/10011412927
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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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 …
Persistent link: https://www.econbiz.de/10010206790