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significant impact on both entry of new firms and on firm exit. For the primary sector and the manufacturing sector this impact is … there is a strong negative impact on firm entry in all sectors. This is in line with what one could expect as there are …
Persistent link: https://www.econbiz.de/10008460548
Dans ce document, nous cherchions a savoir si ce sont les synergies ou la discipline de gestion qui opere differemment sur les grandes et les petites usines pour influer sur la probabilite qu'ait lieu des fusions. Les resultats indiquent que les caracteristiques qui fournissent le genre de...
Persistent link: https://www.econbiz.de/10008464806
This paper asks whether synergies or managerial discipline operates in different ways across small versus large plants to affect the likelihood of mergers. Our findings indicate that those characteristics which provide the type of synergies upon which ownership changes rely are important factors...
Persistent link: https://www.econbiz.de/10008464808
Nous examinons les effets simultanes des reductions tarifaires et des fluctuations des taux de change reels sur la disparition des usines dans les industries manufacturieres canadiennes entre 1979 et 1996. Nous constatons que l'appreciation de la devise ainsi que les reductions tarifaires...
Persistent link: https://www.econbiz.de/10008469949
-trade models involving heterogeneous firms, we further find that the effect of exchange-rate movements and tariff cuts on exit are …- controlled plants. Exporters and foreign-owned plants have much lower failure rates; however, their survival is more sensitive to …
Persistent link: https://www.econbiz.de/10008469950
of a new class of trade models: the New New Trade Theory which accounts for firm heterogeneity and market entry costs …
Persistent link: https://www.econbiz.de/10008472094
1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that … enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more …
Persistent link: https://www.econbiz.de/10005545370
1895-1968, collected by the authors. Cox regressions show that spinoff dynamics, localization economies and time of entry …
Persistent link: https://www.econbiz.de/10005545399
levels, and that when differences in opportunity costs exit, they can be conveniently represented by fixed costs. Opportunity … the context of the effect of entry on firm selection in a Cournot setting. It is found that inefficient firms are more … induce the exit of low and high cost firms. …
Persistent link: https://www.econbiz.de/10005561413
Using data from the TASS/Tremont hedge fund database, this article performs an empirical analysis of the evolution of the hedge fund industry within an industrial organization framework.
Persistent link: https://www.econbiz.de/10005561436