Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25612 
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dc.contributor.authorBaptista, Ruien
dc.contributor.authorKaraöz, Muraten
dc.date.accessioned2007-10-23-
dc.date.accessioned2009-07-27T09:21:14Z-
dc.date.available2009-07-27T09:21:14Z-
dc.date.issued2007-
dc.identifier.urihttp://hdl.handle.net/10419/25612-
dc.description.abstractWe examine turbulence over the product life cycle using the lowest possible level of industry aggregation, allowing for the use of panel data to study the evolution of single product markets. We find that replacement of exiting firms by subsequent entry plays a primary role in generating turbulence in high growth markets, while displacement of incumbents by recent entrants is the main selection force in declining markets. As product life cycles progress, trial-and-error entry subsides, and turbulence decreases.en
dc.language.isoengen
dc.publisher|aFriedrich Schiller University Jena and Max Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aJena Economic Research Papers |x2007,043en
dc.subject.jelL11en
dc.subject.ddc330en
dc.subject.keywordEntryen
dc.subject.keywordExiten
dc.subject.keywordSelectionen
dc.subject.keywordProduct life cycleen
dc.subject.keywordReplacementen
dc.subject.keywordDisplacementen
dc.subject.stwMarktstrukturen
dc.subject.stwWettbewerben
dc.subject.stwProduktlebenszyklusen
dc.subject.stwMarkteintritten
dc.subject.stwMarktaustritten
dc.subject.stwWachstumsbrancheen
dc.subject.stwSchrumpfungsbrancheen
dc.subject.stwPortugalen
dc.titleTurbulence in high growth and declining industries-
dc.typeWorking Paperen
dc.identifier.ppn547163819en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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