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Entry, Exit, and the Determinants of Market Structure

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NBER2009-09-01 更新2025-01-04 收录
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Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a dynamic, structural model of entry and exit in an

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2009-09-01
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