Entry thresholds and actual entry and exit in local markets

被引：11
|
作者：
Carree, Martin
Dejardin, Marcus
机构：
[1] Univ Maastricht, Fac Econ & Business Adm, NL-6200 MD Maastricht, Netherlands
[2] Univ Namur, Fac Econ Social Sci & Business Adm, B-5000 Namur, Belgium
来源：
SMALL BUSINESS ECONOMICS | 2007年 / 29卷 / 1-2期
关键词：
entry; exit; entry thresholds; ordered probit;
D O I：
10.1007/s11187-006-6860-9
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Bresnahan and Reiss (1991) derive entry thresholds for local markets but do not investigate actual entry and exit flows. This paper investigates for thirteen Belgian retail and consumer service industries whether markets with actual numbers of firms higher (lower) than the thresholds display exit (entry) in subsequent periods. The results confirm that over a three-year period the rate of (net) entry is positively affected by the presence of 'market room'. The exit rate, however, does not show a negative relation with 'market room'.
引用
收藏
页码：203 / 212
页数：10
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