The main contribution of entrepreneurship theory to economics is to provide an account of market performance in … interrelationship differs between market ‘undershooting’ (the actual number of firms is below the equilibrium number) and ‘overshooting …

This paper provides empirical evidence on the impact the EU Single Market Program has exerted on market power and total … shocks, provided they affect all firms randomly. Both market power and total factor productivity are estimated by applying … of "most sensitive" firms market power decreases by 50% in the SMP implementation period compared to previous years …

estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased … opening to trade has a disciplining effect on firms?market power. We find that increased import penetration is associated with … lower price cost margins in sectors where product market concentration is relatively high. …

economy in which reform and market-orientated institutional development has been limited. We hypothesize that private …

continuous arrival of new potential producers. Firms can also pay an increasing market penetration cost to sell more to a given … market. The model is consistent with a set of salient regularities of firm and exporter selection and growth, as well as the …

market for corporate control are also derived. -- Acquisitions ; Buyouts ; Buy-to-sell ; Buy-to-keep ; Leveraged Buyouts …

The main contribution of entrepreneurship theory to economics is to provide an account of market performance in … interrelationship differs between market ‘undershooting’ (the actual number of firms is below the equilibrium number) and ‘overshooting …