Firm Entry and Post-Entry Performance in the U.S. Chemical Industries

Timothy Dunne, Mark Roberts and Larry Samuelson

Working Papers from U.S. Census Bureau, Center for Economic Studies

Abstract: This paper examines the impact of entry on the structure of the U.S. chemical industries in the period 1963-1982. The paper measures both the immediate impact of entrants in terms of number, size and market shares and their subsequent growth and/or exit. Particular attention is devoted to the examination of entrant heterogeneity. The paper finds that while a large number of entrants appear in the chemical industries, they have a relatively small long-run impact. In addition, compared to previous work entrants are less important in the chemical industries than in manufacturing sector as a whole. Finally, the post-entry performance of new firms varies significantly across different categories of entry.

Pages: 50 pages
Date: 1989-08
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Citations: View citations in EconPapers (12)

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https://www2.census.gov/ces/wp/1989/CES-WP-89-06.pdf First version, 1989 (application/pdf)

Related works:
Journal Article: Firm Entry and Postentry Performance in the U.S. Chemical Industries (1989)
Working Paper: FIRM ENTRY AND POST-ENTRY PERFORMANCE IN THE U.S. CHEMICAL INDUSTRIES (1988)
Working Paper: FIRM ENTRY AND POST-ENTRY PERFORMANCE IN THE U.S. CHEMICAL INDUSTRIES (1988)
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Persistent link: https://EconPapers.repec.org/RePEc:cen:wpaper:89-6

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