Entry and exit in transition economies: the Slovenian manufacturing sector

摘要: This article investigates entry and exit in Slovenian manufacturing for the period 1994–2000 using OLS panel data fixed random‐effects estimations. Private ownership is associated with higher rates of firm exit, suggesting that this structure related to a risk bankruptcy so least efficient firms are replaced by more ones. However, although most entrants private, it negatively (in lagged terms), potentially indicating sectors proportion private also highly populated, closer break‐even point thus less appealing. Export orientation lower confirming theory exporting outperformed domestically focused firms, entry, perhaps involves complex ways doing business deter typically small new entrants. Higher profitability reduces rates. Labour‐intensive witness rates, th...