Ciriani, Stéphane; Jeanjean, François - In: Intereconomics : review of European economic policy 55 (2020) 3, pp. 192-198
The empirical relationship between competition intensity and the rate of productivity growth across 30 sectors of the French economy between 1978 and 2015 displays an inverted U-shape. This implies that there exists an optimal level of competition for each sector, defined by the price markup...