Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - Centre for Economic Performance, LSE - 2006
, Product market entry and exit
JEL classifications: D21, E23, L11, L60
This paper was produced as part of the Centre … product, rendering firm creation and destruction equivalent
to product-market entry and exit. Here, we imagine a more general … terms account for the contribution of firm entry and exit. Terms three and four
represent the change due to product adding …