Competition and Firm Productivity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Competition and Firm Productivity write by Sandra Ospina. This book was released on 2010-03-01. Competition and Firm Productivity available in PDF, EPUB and Kindle. This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to competition spurred by product-market reforms is around 12-15 percent.
Competition and Firm Productivity
Competition and Firm Productivity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Competition and Firm Productivity write by Sandra Ospina. This book was released on 2006. Competition and Firm Productivity available in PDF, EPUB and Kindle. This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to competition spurred by product-market reforms is around 12-15 percent.
Competition and Productivity
Competition and Productivity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Competition and Productivity write by Thomas J. Holmes. This book was released on 2010. Competition and Productivity available in PDF, EPUB and Kindle. Does competition spur productivity? And if so, how? These have long been regarded as central questions in economics. The extent of competition can be influenced by policy decisions, so understanding how competition impacts productivity and, in turn, living standards is of more than academic importance. To fully answer these questions of whether, and how, an increase in competition impacts productivity, two issues must be addressed. First, the authors define what we mean by an ¿increase in competition.¿ Second, they attempt to understand the mechanisms through which competition impacts productivity. Both issues present substantial challenges, which the authors address. Illustrations. This is a print-on-demand publication; it is not an original.
The Effect of International Competition on Firm Productivity and Market Power
The Effect of International Competition on Firm Productivity and Market Power - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effect of International Competition on Firm Productivity and Market Power write by Jan de Loecker. This book was released on 2016. The Effect of International Competition on Firm Productivity and Market Power available in PDF, EPUB and Kindle. We propose a framework to evaluate the potential impact of international competition on firm performance and highlight two points. First, it is important to consider effects on productive efficiency and market power in an integrated framework. The popular concept of (revenue) TFP combines both effects which can lead to problems of estimation and interpretation. Second, greater international competition enlarges the relevant market and can affect both the number and the type of competitors a firm faces, as well as the nature of competition. While it is possible that firms respond by adjusting their production operations, pricing adjustments are all but guaranteed. We contrast three estimation approaches that start, respectively, from the demand side, the product extensive margin, and the production side. We conclude with a few avenues for future research.
What is the Impact of Increased Business Competition?
What is the Impact of Increased Business Competition? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook What is the Impact of Increased Business Competition? write by Sónia Félix. This book was released on 2019-12-13. What is the Impact of Increased Business Competition? available in PDF, EPUB and Kindle. This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that reduced entry time and costs. Using the staggered implementation of the policy across the Portuguese municipalities, we find that the reform increased local entry and employment by, respectively, 25% and 4.8% per year in its first four years of implementation. Moreover, around 60% of the increase in employment came from incumbent firms expanding their size, with most of the rise occurring among the most productive firms. Standard models of firm dynamics, which assume a constant elasticity of substitution, are inconsistent with the expansionary and heterogeneous response across incumbent firms. We show that in a model with heterogeneous firms and variable markups the most productive firms face a lower demand elasticity and expand their employment in response to increased entry.
