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 …

, product niche, and firm effects. We find evidence of a relationship between the determinants of product exit and product entry …-varying covariates to estimate the probability of product exit and Poisson models to estimate the probability of introduction. We measure …