Firm Entry and Post-Entry Performance in the U.S. Chemical Industries
AbstractThis paper examines the impact of entry on the structure of the U.S. chemical industries in the period 1963-1982. The paper measures both the immediate impact of entrants in terms of number, size and market shares and their subsequent growth and/or exit. Particular attention is devoted to the examination of entrant heterogeneity. The paper finds that while a large number of entrants appear in the chemical industries, they have a relatively small long-run impact. In addition, compared to previous work entrants are less important in the chemical industries than in manufacturing sector as a whole. Finally, the post-entry performance of new firms varies significantly across different categories of entry.
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Bibliographic InfoPaper provided by Center for Economic Studies, U.S. Census Bureau in its series Working Papers with number 89-6.
Length: 50 pages
Date of creation: Aug 1989
Date of revision:
Other versions of this item:
- Dunne, Timothy & Roberts, Mark J & Samuelson, Larry, 1989. "Firm Entry and Postentry Performance in the U.S. Chemical Industries," Journal of Law and Economics, University of Chicago Press, vol. 32(2), pages S233-71, October.
- Dunne, T. & Roberts, M.J. & Samuelson, L., 1988. "Firm Entry And Post-Entry Performance In The U.S. Chemical Industries," Papers 7-88-2, Pennsylvania State - Department of Economics.
- Dunne, T. & Roberts, M.J. & Samuelson, L., 1988. "Firm Entry And Post-Entry Performance In The U.S. Chemical Industries," Papers 0-88-4, Pennsylvania State - Department of Economics.
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