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In this paper we provide empirical evidence on the determinants of firm start-up size using data for the manufacturing sector in Ireland, and compare our results with recent findings for Portuguese manufacturing industries (Mata and Machado, 1996). To allow for firm heterogeneity between firm...
Persistent link: https://www.econbiz.de/10010265448
taking account of both the entry process and the role of survival/failure in reshaping a given population of firms over time … due to the entry process and the presence of transient smaler firms. Indeed, whilst it is found that Gibrat' Law has to be …
Persistent link: https://www.econbiz.de/10010261494
This paper studies the probability of survival of the manufacturing plants that start producing in Chile in the period 1979-1999 using a proportional hazards model. Opposing previous empirical international evidence, the survival diminishes with age, initial size, and with the rate of growth of...
Persistent link: https://www.econbiz.de/10005328922
This paper discusses the impact of newly created firms on industry productivity growth. Our central hypothesis is that … there are two potential effects of new firms on productivity growth: a direct effect, as entrants may be relatively more … elevate their productivity in order to survive. The results of the decomposition exercise of aggregate productivity growth …
Persistent link: https://www.econbiz.de/10008727694
taking account of both the entry process and the role of survival/failure in reshaping a given population of firms over time … due to the entry process and the presence of transient smaler firms. Indeed, whilst it is found that Gibrat' Law has to be …
Persistent link: https://www.econbiz.de/10005765267
, this being particularly relevant to de novo entrants as compared to entry by established firms. Current size is also found … differences, past growth matters for survival suggesting a partial adjustment process for firm size in the post entry period …. Finally, new plants are more likely to live longer if they enter growing industries or industries with little entry activity. …
Persistent link: https://www.econbiz.de/10005067401
a new class of trade models: the New New Trade Theory which accounts for firm heterogeneity and market entry costs. The …
Persistent link: https://www.econbiz.de/10010300055
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 …
Persistent link: https://www.econbiz.de/10010335637
subsequent entry plays a primary role in generating turbulence in high growth markets, while displacement of incumbents by recent … entrants is the main selection force in declining markets. As product life cycles progress, trial-and-error entry subsides, and …
Persistent link: https://www.econbiz.de/10010263805
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations … regulations for the welfare of differentiated product industries with endogenous entry and exit. … demand, recover variable profits, and estimate entry costs and fixed costs by store type. Counterfactual policy experiments …
Persistent link: https://www.econbiz.de/10011442488