This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …

on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger … efficiencies and entry-inducing effects are found to be strong enough to drive prices down to pre-exit levels. …

U.S. Blacks experienced significantly lower increase in homeownership than the whites but highest exit from …, did not experience significant increase in homeownership and neither did they face a higher exit from homeownership …

This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …