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 …

observed distribution of sales. I calibrate the model parameters that determine firm dynamics by looking at the exit rates of a …

incorporate in a model of shakeouts. We test this theory and alternative explanations for the surge in entry and exit and the …Beginning in 1922, the rate of exit of U.S. tire producers increased sharply and the industry began a severe and … protracted shakeout. Just five years earlier, the tire industry experienced a surge in entry that led to a rise of over 80% in …