within a region, explicitly taking into account exit, as well as entry, costs. Protecting workers by having strict lay … investigate how uncertainty affects the attractiveness of investment in a particular location. Just how much does the ease of exit … influence the entry decision? …

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 …

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 …

This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics …, to discriminate between three aspects of industry dynamics: the effect of entry and exit on market equilibrium, duration … simultaneous equilibrium model of profits, entry and exit. We find that indeed entrants play an entrepreneurial function causing …

evidence for a prolonged positive exit effect that mirrors market selection during the early stages of firms'; lifecycle. This … effect is tightly related to the negative initial productivity effect of entry. We also find some evidence that productivity …

We compare the industrial dynamics in the core, semi-periphery and periphery in The Netherlands in terms of firm entry-exit … aggregate level the spatial pattern of industrial dynamics is consistent with the spatial product lifecycle thesis: entry and … exit rates are highest in the core and lowest in the periphery, while the share of persistently growing firms is higher in …

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 …

1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that … enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more …