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 Pennsylvania State - Department of Economics in its series Papers with number 0-88-4.
Length: 37 pages
Date of creation: 1988
Date of revision:
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Postal: PENNSYLVANIA STATE UNIVERSITY, DEPARTMENT OF ECONOMICS, UNIVERSITY PARK PENNSYLVANIA 16802 U.S.A.
Web page: http://econ.la.psu.edu/
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chemical industry ; competition;
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.
- Timothy Dunne & Mark J. Roberts & Larry Samuelson, 1989. "Firm Entry and Post-Entry Performance in the U.S. Chemical Industries," Working Papers 89-6, Center for Economic Studies, U.S. Census Bureau.
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- Barros, Pedro Pita, 1995. "Post-entry expansion in banking: The case of Portugal," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 593-611, December.
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- Doms, Mark & Dunne, Timothy & Roberts, Mark J., 1995. "The role of technology use in the survival and growth of manufacturing plants," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 523-542, December.
- Siow, Aloysius & Zhu, Xiaodong, 1997. "The creation of plants and firms," Journal of Economic Dynamics and Control, Elsevier, vol. 22(1), pages 141-178, November.
- KAWAKAMI Atsushi & MIYAGAWA Tsutomu, 2010. "Product Switching and Firm Performance in Japan," Discussion papers 10043, Research Institute of Economy, Trade and Industry (RIETI).
- Shepherd, Dean A. & Ettenson, Richard & Crouch, Andrew, 2000. "New venture strategy and profitability: A venture capitalist's assessment," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 449-467.
- Tain-Jy Chen & Grace Wu, 1996. "Determinants of divestment of FDI in Taiwan," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 132(1), pages 172-184, March.
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