The carrying capacity and entry and exit flows in retailing

Article Abstract:

A study argues that in the carrying capacity of a market, net entry is a reaction to a disequilibrium situation. An expression has been derived for carrying capacity which can be applied to retail industries operating within oligopolistic conditions. Findings indicated that the model used did not contradict local market levels that are typical for the retail sector. It has also been found that the state of disequilibrium does not seem to affect the exit rate.

Retail Trade, Research, Economic aspects, Retail industry, Consumption (Economics), Oligopolies

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Excess capacity as a barrier to entry in the US titanium industry

Article Abstract:

The positive impact of excess capacity as a barrier to entry is examined by designing and analyzing an empirical model of the titanium sponge industry. The model is designed using time-series data in which the components of excess capacity are unraveled and estimated separately. Analysis of the logit model suggests that increases in the three-year forecasted average pertaining to capacity by incumbents, significantly impact entry.

Primary nonferrous metals, not elsewhere classified, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), Titanium Sponge, Models, Barriers to entry (Industrial organization), Barriers to entry, Titanium industry, Industrial capacity

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