Firm turnover in imperfectly competitive markets.
This paper is motivated by the empirical regularity that industries differ greatly in the level of firm turnover and that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of fixed costs and, in particular, market size on entry and exit rate...
| Main Authors: | , |
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| Format: | Journal article |
| Jezik: | English |
| Izdano: |
2006
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