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The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger … evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of … dominated mergers. Interestingly, we also find that mergers foreclose potential entry in other product markets and reduce the …
Persistent link: https://www.econbiz.de/10011481190
There is an abundant literature on industrial ecology aiming at explaining the survival propensity of recently started firms. The majority of the contributions concentrate on the characteristics of the entrepreneur, the new firm or the industry. Only a small minority of the existing studies...
Persistent link: https://www.econbiz.de/10011485343
determinants of route entry for both providers. Applying survival models, we find that both companies show an increased probability … increased entry probability independent of the presence of a competitor. …
Persistent link: https://www.econbiz.de/10011514694
Ziel des Beitrags ist eine empirische Analyse der Bedeutung möglicher Determinanten des Überlebens von Neugründungen in der badenwürttembergischen Industrie in der Zeit von 1981 bis 1994. Für die Studie wurden erstmals Daten der amtlichen baden-württembergischen Industriestatistik auf der...
Persistent link: https://www.econbiz.de/10011516525
) product variant is underprovided. A model, integrating entry into a perfectly competitive, vertically differentiated industry …
Persistent link: https://www.econbiz.de/10011540478
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations … demand, recover variable profits, and estimate entry costs and fixed costs by store type. Counterfactual policy experiments … show that welfare increases when competition is enhanced by lower entry costs. Protecting small stores by imposing …
Persistent link: https://www.econbiz.de/10011412927
taking account of both the entry process and the role of survival/failure in reshaping a given population of firms over time … due to the entry process and the presence of transient smaler firms. Indeed, whilst it is found that Gibrat' Law has to be …
Persistent link: https://www.econbiz.de/10010261494
-product firms. Aggregate product variety is determined by product variety choices of multi-product firms and entry/exit decisions of …
Persistent link: https://www.econbiz.de/10012880207
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market … stores in Sweden, we find that the average entry costs for small and large stores are 10 and 18 percent lower, respectively …, in markets with liberal compared with restrictive regulations. Counterfactual simulations show that lower entry costs in …
Persistent link: https://www.econbiz.de/10010206790
different structural changes between countries to separate the respective effects. Our results show that the effect of entry … lead to misleading conclusions. We find no robust evidence that entry has a price-decreasing effect on markets with … originally 2 operators. However, the entry of a 4th operator does have a price-decreasing effect, but with different dynamics …
Persistent link: https://www.econbiz.de/10010208984