منابع مشابه
Entry and Exit Echoes∗
While aggregate data do not show the investment echoes predicted by vintage-capital models, echoes arise in rates of entry and exit of firms at the industry level. Moreover, industries where prices decline rapidly experience early ‘shakeouts’. The relation emerges naturally in a vintage-capital model in which exit of firms sometimes accompanies the replacement of their capital, and in which a s...
متن کامل– 064 Entry , Exit and Productivity
Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more productive than non-surviving fir...
متن کاملEntry thresholds and actual entry and exit in local markets
Bresnahan and Reiss (1991) derive entry thresholds (equilibrium numbers of firms) for local markets but do not investigate actual entry and exit flows. This paper investigates for thirteen Belgian retail and service industries whether markets with actual numbers of firms higher (lower) than the thresholds display exit (entry) in subsequent periods.
متن کاملEntry , exit and productivity empirical results for
Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more productive than non-surviving fir...
متن کاملSingle-Entry Single-Exit decomposed conformance checking
An exponential growth of event data can be witnessed across all industries. Devices connected to the internet (internet of things), social interaction, mobile computing, and cloud computing provide new sources of event data and this trend will continue. The omnipresence of large amounts of event data is an important enabler for process mining. Process mining techniques can be used to discover, ...
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ژورنال
عنوان ژورنال: Review of Economic Dynamics
سال: 2010
ISSN: 1094-2025
DOI: 10.1016/j.red.2009.07.004