Maican, Florin; Orth, Matilda - Institutet för Näringslivsforskning (IFN) - 2012
use a dynamic model to measure the impact of large entrants on productivity, allowing for a controlled productivity … process and accounting for prices, local markets, and the endogeneity of entry. Using data on all retail food stores in Sweden …, we find that incumbents' productivity increase after large entry and that the magnitude of the increase declines with the …