Gschwandtner, Adelina, Lambson, Val E.. 2002. The effects of sunk costs on entry and exit: evidence from 36 countries. Economics Letters 77 (1): 793-806.
BibTeX
Abstract
Dynamic competitive models of industry evolution suggest that intertemporal variability of the number of firms should be lower in industries with higher sunk costs. We test this proposition using data from 36 countries. The results are consistent with the theory.
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| Status of publication | Published |
|---|---|
| Affiliation | WU |
| Type of publication | Journal article |
| Journal | Economics Letters |
| Citation Index | SSCI |
| WU Journalrating 2009 | A |
| WU-Journal-Rating new | FIN-A, STRAT-B, VW-B, WH-B |
| Language | English |
| Title | The effects of sunk costs on entry and exit: evidence from 36 countries |
| Volume | 77 |
| Number | 1 |
| Year | 2002 |
| Page from | 793 |
| Page to | 806 |
| Reviewed? | Y |
| URL | http://www.sciencedirect.com/science/article/pii/S0165176502000939 |
Associations
- People
- Gschwandtner, Adelina (Former researcher)
- External
- Lambson, Val E. (Brigham Young University, United States/USA)
- Organization
- Institute for Statistics and Mathematics IN (Details)
- Research areas (ÖSTAT Classification 'Statistik Austria')
- 5370 Industrial economics (Details)