منابع مشابه
Entry regulation as a barrier to entrepreneurship
Using a comprehensive database of European firms, we study the effect of market entry regulations on the creation of new limited-liability firms, the average size of entrants, and the growth of incumbent firms. We find that costly regulations hamper the creation of new firms, especially in industries that should naturally have high entry. These regulations also force new entrants to be see fron...
متن کاملMinimum Wages as a Barrier to Entry
This study analyses employers‘ support for the introduction of industry-specifi c minimum wages as a cost-raising strategy in order to deter market entry. Using a unique data set consisting of 800 fi rms in the German service sector, we fi nd some evidence that high-productivity employers support minimum wages. We further show that minimum wage support is higher in industries and regions with l...
متن کاملMinimum Wages as a Barrier to Entry – Evidence from Germany
This study analyses employers‘ support for the introduction of industry-specifi c minimum wages as a cost-raising strategy in order to deter market entry. Using a unique data set consisting of 800 fi rms in the German service sector, we fi nd some evidence that high-productivity employers support minimum wages. We further show that minimum wage support is higher in industries and regions with l...
متن کاملAre Sunk Costs a Barrier to Entry?
The received wisdom is that sunk costs create a barrier to entry—if entry fails, then the entrant, unable to recover sunk costs, incurs greater losses. In a strategic context where an incumbent may prey on the entrant, sunk entry costs have a countervailing effect: they may effectively commit the entrant to stay in the market. By providing the entrant with commitment power, sunk investments may...
متن کاملPatient Favoritism as a Barrier to Justice in Health Care: A Qualitative Study
Background and Objectives: Justice is one of the basic principles of medical ethics which indicates rightful, fair, impartial, and equitable care. The present study aimed to introduce patient favoritism, a phenomenon that undermines justice. Methods: The present qualitative study was conducted based on some data derived from another qualitative study titled “Investigating the process of achiev...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2016
ISSN: 0002-8282
DOI: 10.1257/aer.20140131