Buehler, Stefan; Kaiser, Christian; Jaeger, Franz - In: Contributions in Economic Analysis & Policy 4 (2005) 1, pp. 1-28
exit. We adopt a natural experiment approach to analyze the impact of a tightening of Swiss antitrust legislation on exit … probabilities. Based on a sample of more than 68,000 firms from all major sectors of the Swiss economy, we find that the exit … probability of non-exporting firms increased significantly, whereas the exit probability of exporting firms remained largely …