Buehler, Stefan; Kaiser, Christian; Jaeger, Franz - In: Contributions in Economic Analysis & Policy 4 (2005) 1, pp. 1-28
This paper provides evidence on the relation between the intensity of product-market competition and the probability of exit. We adopt a natural experiment approach to analyze the impact of a tightening of Swiss antitrust legislation on exit probabilities. Based on a sample of more than 68,000...