Research

The Determinants of Entry Rates into U.S. Manufacturing Industries

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.

Publication Information
Article Title: The Determinants of Entry Rates into U.S. Manufacturing Industries
Journal: Review of Industrial Organization (1990)
v. 5 iss. 2 pp. 211-223
Author(s): Rosenbaum, David I
Researcher Information
    
Rosenbaum, David I
Rosenbaum, David I
Professor
Expertise:
  • Forensic Economics
  • Applied Microeconomics
  • Cost-Benefit Analysis
Economics
HLH 525 J
P.O. Box 880489
University of Nebraska-Lincoln
Lincoln, NE 68588-0489, USA
Phone: (402) 472-2318
Fax: (402) 472-4426
drosenbaum1@unl.edu