Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/11428
Título: | What drives new firms into an industry? an integrative model of entry |
Autor(es): | Barbosa, Natália |
Palavras-chave: | Entry Firms' heterogeneity Manufacturing Panel count data models |
Data: | Out-2003 |
Editora: | Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA) |
Citação: | NIMA Working Paper Series;23 |
Relatório da Série N.º: | NIMA WP;23 |
Resumo(s): | The paper focuses on the theoretical and empirical formulation of an entry model that integrates strategic considerations and firms' heterogeneity. Entry decisions are derived from a profit function, and, subsequently, the number of entrants is defined as the sum of firms that have effectively decided to enter a given industry. As the aggregation of individual entry decisions yields a discrete outcome, the econometric methodology is based on panel count data models, rendering a novel departure from previous works. The results suggest that both incumbents' behaviour towards entry and firm-specific characteristics provide additional and interesting insights in understanding entry. |
Tipo: | Documento de trabalho |
URI: | https://hdl.handle.net/1822/11428 |
Arbitragem científica: | no |
Acesso: | Acesso aberto |
Aparece nas coleções: | NIMA - Documentos de Trabalho/Working Papers |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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wp23.pdf | Working Paper Series | 546,4 kB | Adobe PDF | Ver/Abrir |