Daunfeldt, Sven-Olov; Rudholm, Niklas; Bergström, Fredrik - Handelns Utredningsinstitut (HUI Research) - 2005
This paper examines, using a zero-inflated negative binomial regression model, what determined entry into the Swedish retail and wholesale trade markets between 1990 and 1996. According to the results, high returns on equity and low sunk costs seemed to attract more entry into retail trade...