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 study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit …-firm models of international trade. For example, falling trade costs reduced entry by new Korean firms, increased their …

indicator of extra rents and thus provide incentives for market entry. On theone hand, this thread may lead to special pricing …. But it is possible, on the other hand, that market entry mayin fact happen. In this case, one would observe structural … oriented towards an optimal market structure buttowards the facilitation of market entry so that competition can discover …