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In his oft-cited "What do we know about entry?", Paul Geroski (1995) gave a survey of empirical works on this central …
Persistent link: https://www.econbiz.de/10005090537
, either heteroskedasticity in the growth rates has to be assumed, or entry and exit mechanisms included. In particular I show … that combining the broad class of threshold entry mechanisms and the more restricted class of threshold exit mechanisms … with overcapacity penalizing all firms (where entry and exit are determined with reference to an exogenously defined total …
Persistent link: https://www.econbiz.de/10005094027
We present a theory of entrepreneurial entry and exit decisions. Knowing their own managerial talent, entrepreneurs …
Persistent link: https://www.econbiz.de/10005109582
that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of sunk … costs and, in particular, market size on entry and exit rates, and hence on the age distribution of firms. We analyze a …. We show existence and uniqueness of a stationary equilibrium with simultaneous entry and exit: efficient firms survive …
Persistent link: https://www.econbiz.de/10005109607
patterns of firm entry, exit, survival and employment growth are described and analysed across countries, sectors, and over … entry and exit rates are fairly similar across countries, while post entry performance differ markedly between Europe and … the US, a potential indication of the importance of barriers to firm growth as opposed to barriers to entry. Further, the …
Persistent link: https://www.econbiz.de/10005045880
This study presents evidence on firm entry and exit, growth and survival derived with new data from Eurostat, covering …-country differences in firm entry and exit rates are analysed with a special emphasis on detailed information and communication technology … basic factors, such as countries’ industry composition, crosscountry differences in entry and exit rates in mature sectors …
Persistent link: https://www.econbiz.de/10005049064
of foreign direct investment on local industry hinges on the dynamics of foreign and domestic establishments, i.e., entry …, selection (exit), and growth processes. Our analysis on foreign and domestic establishments in Turkish manufacturing industry … growth in the early post-entry period. …
Persistent link: https://www.econbiz.de/10005687795
Entry and exit are crucial elements of market selection process which leads to the restructuring, adaptation and … evolution of an industry. While the importance of entry and exit has been recognised, attention has focused almost exclusively … on quantifying barriers to them, rather than on investigating the determinants of entry and exit and measuring the …
Persistent link: https://www.econbiz.de/10005731550
to study firm entry and exit. Special <p> focus is on spin-offs, a particular group of small entries, which are founded … association between size of the entry and <p> survival probability, and a countercyclical sensitivity of exit risk. …, we carry out a duration analysis <p> of the subsequent transitions of the spin-offs, and compare their exit risks with …
Persistent link: https://www.econbiz.de/10005652451
evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …
Persistent link: https://www.econbiz.de/10010576066