Regulation and Turbulence in the Portuguese Wool Textile Markets

Regulation and Turbulence in the Portuguese Wool Textile Markets This paper discusses the effects of a set of regulatory restrictions on entry and growth imposed on Portuguese wool textile firms from 1965 to 1974. The main findings are as following: a) regulation had an impact on firm industry size distribution during the period, mainly through the effects on entry and growth; b) by the end of the period, predominance of small firms in the industry was mainly a result of small firm survival; c) the pattern of exits implied a decrease of the share of small firms in industry; d) different patterns of entry and exit were observed in different stages of production of the industry. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Small Business Economics Springer Journals

Regulation and Turbulence in the Portuguese Wool Textile Markets

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 1998 by Kluwer Academic Publishers
Subject
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
ISSN
0921-898X
eISSN
1573-0913
D.O.I.
10.1023/A:1007908006208
Publisher site
See Article on Publisher Site

Abstract

This paper discusses the effects of a set of regulatory restrictions on entry and growth imposed on Portuguese wool textile firms from 1965 to 1974. The main findings are as following: a) regulation had an impact on firm industry size distribution during the period, mainly through the effects on entry and growth; b) by the end of the period, predominance of small firms in the industry was mainly a result of small firm survival; c) the pattern of exits implied a decrease of the share of small firms in industry; d) different patterns of entry and exit were observed in different stages of production of the industry.

Journal

Small Business EconomicsSpringer Journals

Published: Oct 6, 2004

References

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