Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/25612
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dc.contributor.authorBaptista, Ruien_US
dc.contributor.authorKaraöz, Muraten_US
dc.date.accessioned2007-10-23en_US
dc.date.accessioned2009-07-27T09:21:14Z-
dc.date.available2009-07-27T09:21:14Z-
dc.date.issued2007en_US
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_US
dc.language.isoengen_US
dc.publisher|aUniversität Jena und Max-Planck-Institut für Ökonomik|cJenaen_US
dc.relation.ispartofseries|aJena economic research papers|x2007,043en_US
dc.subject.jelL11en_US
dc.subject.keywordEntryen_US
dc.subject.keywordExiten_US
dc.subject.keywordSelectionen_US
dc.subject.keywordProduct life cycleen_US
dc.subject.keywordReplacementen_US
dc.subject.keywordDisplacementen_US
dc.subject.stwMarktstrukturen_US
dc.subject.stwWettbewerben_US
dc.subject.stwProduktlebenszyklusen_US
dc.subject.stwMarkteintritten_US
dc.subject.stwMarktaustritten_US
dc.subject.stwWachstumsbrancheen_US
dc.subject.stwSchrumpfungsbrancheen_US
dc.subject.stwPortugalen_US
dc.titleTurbulence in high growth and declining industriesen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn547163819en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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