TY - JOUR
T1 - Regulation and turbulence in the Portuguese wool textile markets
AU - Confraria, João
PY - 1998
Y1 - 1998
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=0032348358&partnerID=8YFLogxK
U2 - 10.1023/A:1007908006208
DO - 10.1023/A:1007908006208
M3 - Article
AN - SCOPUS:0032348358
SN - 0921-898X
VL - 11
SP - 283
EP - 292
JO - Small Business Economics
JF - Small Business Economics
IS - 3
ER -