Competition and Productivity Growth in South Africa
Using three different panel data sets, we show: (i) that mark-ups are significantly higher in South African manufacturing industries than they are in corresponding industries worldwide; (ii) that competition policy (i.e a reduction of mark-ups) should have largely positive effects on productivity growth in South Africa.
Year of publication: |
2007-08
|
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Authors: | Aghion, Philippe ; Braun, Matias ; Fedderke, Johannes |
Institutions: | Economic Research Southern Africa (ERSA) |
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