and low subsequent productivity growth and hiring among the surviving entrants. Nonetheless, entry and exit are associated … stylized facts about entry and exit of informal, non-farm firms using nationally representative panel data over 15 years and … rates of entry and exit around 14-18% annually. Entry and exit rates are similar and highly correlated at a point in time …

and low subsequent productivity growth and hiring among the surviving entrants. Nonetheless, entry and exit are associated … stylized facts about entry and exit of informal, non-farm firms using nationally representative panel data over 15 years and … rates of entry and exit around 14-18% annually. Entry and exit rates are similar and highly correlated at a point in time …

disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the … interrelationship between firm entry and exit in disequilibrium. Introducing a new methodology we investigate whether this … new-firm entry) while in overshoots competition induced by new firms (in particular strong displacement) helps restore …

This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics …, to discriminate between three aspects of industry dynamics: the effect of entry and exit on market equilibrium, duration … simultaneous equilibrium model of profits, entry and exit. We find that indeed entrants play an entrepreneurial function causing …