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This paper evaluates how different lengths of entry regulation impact market structure and market performance using a … dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs … evidence that the duration of entry regulation has a negative impact on consumer surplus. We also find that entry protection …
Persistent link: https://www.econbiz.de/10010316999
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a … dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs … evidence that the duration of entry regulation has a negative impact on consumer surplus. We also find that entry protection …
Persistent link: https://www.econbiz.de/10010670793
and market performance. We employ a dynamic oligopoly model in which firms make entry, exit, and production decisions in … firms. Tax and entry regulation policy can reduce the excessive entry problem having a positive effect on total surplus …
Persistent link: https://www.econbiz.de/10012287789
and market performance. We employ a dynamic oligopoly model in which firms make entry, exit, and production decisions in … firms. Tax and entry regulation policy can reduce the excessive entry problem having a positive effect on total surplus …
Persistent link: https://www.econbiz.de/10012314839
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a … dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs … evidence that the duration of entry regulation has a negative impact on consumer surplus. We also find that entry protection …
Persistent link: https://www.econbiz.de/10013079870
and market performance. We employ a dynamic oligopoly model in which firms make entry, exit, and production decisions in … firms. Tax and entry regulation policy can reduce the excessive entry problem having a positive effect on total surplus …
Persistent link: https://www.econbiz.de/10012822507
Persistent link: https://www.econbiz.de/10013206704
We use China's growth experience as a laboratory to study how reductions in entry barrier contribute to economic growth by inducing a more competitive market structure. The removal of entry restrictions on private firms in the late 1990s and early 2000s made the Chinese economy more competitive...
Persistent link: https://www.econbiz.de/10014314301
differ substantially in their degree of firm turnover. I propose a computational model of dynamic oligopoly with entry and …
Persistent link: https://www.econbiz.de/10014203447
-level information on mergers, production, and innovation in the dynamic random access memory semiconductor market from 1985 to 2004. Our …
Persistent link: https://www.econbiz.de/10011481190