Determinants of entry in Turkish manufacturing industries

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Date

2006

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Springer

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Department of Business
In parallel to our vision and mission statements, we offer graduate programs in Business Administration, Finance, Healthcare Management fields, either in Turkish or English as medium of instruction. Programs in English appeal to foreign students as well as Turkish ones for that we offer education through the latest that science has reached. We also offer online Master’s programs to students who cannot attend to our full-time programs.

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Abstract

The entry of new firms into markets plays an important role in efficient resource allocation and evolution for long term economic growth. Employing dynamic panel data techniques, this paper investigates entry behavior in 66 four-digit Turkish manufacturing industries for the 1993-1999 period. The results of this paper suggest that potential entrants observe the market before the entry takes place; entry is, in general, a follow-up process; and incumbent firms seem to collude to prevent entry in Turkish manufacturing industries. In addition, the real interest rate appears to be a very important determinant of entry decision.

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Gunalp, Burak/0000-0001-6546-4031
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Keywords

entry, exit, dynamic panel data, Turkish manufacturing

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18

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Q1

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Q1

Source

2nd International Industrial Organization Conference -- APR 23-24, 2004 -- NW Univ, Kellogg Sch Management, Chicago, IL

Volume

27

Issue

2-3

Start Page

275

End Page

287

URI

https://doi.org/10.1007/s11187-006-0021-z
 https://hdl.handle.net/20.500.14411/1184

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