The determinants of entry and exit rates into U.S. manufacturing industries

John S. Austin; David I. Rosenbaum

doi:10.1007/BF02229762

The determinants of entry and exit rates into U.S. manufacturing industries

John S. Austin, David I. Rosenbaum

Research output: Contribution to journal › Article › peer-review

36 Scopus citations

Abstract

Entry and exit rates are examined across a fairly large sample of 4-digit U.S. manufacturing industries. Market growth significantly increases (reduces) entry (exit) rates. Profits increase entry rates. Advertising clearly acts as an entry barrier. Sunk capital costs seem to deter exit. While entry and exit rates are related in the sample, whether they are simultaneously determined is unclear.

Original language	English (US)
Pages (from-to)	211-223
Number of pages	13
Journal	Review of Industrial Organization
Volume	5
Issue number	2
DOIs	https://doi.org/10.1007/BF02229762
State	Published - Jun 1990

ASJC Scopus subject areas

Economics and Econometrics
Strategy and Management
Organizational Behavior and Human Resource Management
Management of Technology and Innovation

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10.1007/BF02229762

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abstract = "Entry and exit rates are examined across a fairly large sample of 4-digit U.S. manufacturing industries. Market growth significantly increases (reduces) entry (exit) rates. Profits increase entry rates. Advertising clearly acts as an entry barrier. Sunk capital costs seem to deter exit. While entry and exit rates are related in the sample, whether they are simultaneously determined is unclear.",

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The determinants of entry and exit rates into U.S. manufacturing industries

Abstract

ASJC Scopus subject areas

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