This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

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 …

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a …

Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by … dynamic, structural model of entry and exit in an oligopolistic industry and use it to quantify the determinants of market … expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a …

This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations … show that welfare increases when competition is enhanced by lower entry costs. Protecting small stores by imposing … regulations for the welfare of differentiated product industries with endogenous entry and exit. …

This paper investigates competition between chain-stores and independents in the UK opticians' industry, using the … significant effect on local market competition. In addition, the empirical approach is extended to allow inferences on the nature … in which chain-stores adopt national pricing strategies. The evidence suggests that the nature of competition between …

evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …