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efficiency and compare them to those in the statistical literature. We consider the relation between competition and efficiency …
Persistent link: https://www.econbiz.de/10005661534
The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components … two components of productivity growth. We do so by analyzing the effects of an acquisition of a domestic establishment by … a foreign multinational enterprise, using a combined propensity score matching and difference-in-differences estimation …
Persistent link: https://www.econbiz.de/10005123535
In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … survival rates from emergency heart attack admissions (AMI). More importantly, we find that higher competition (as indicated by …
Persistent link: https://www.econbiz.de/10008468548
This paper examines the role of competition in productivity perfromance in Britain over the period from the late … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in … ending relative economic decline. The productivity implications of the retreat from competition resulted in large part from …
Persistent link: https://www.econbiz.de/10009024927
in the industry's productivity. Second, increased competition, due to the expansion of minimills, drove a substantial …We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older …
Persistent link: https://www.econbiz.de/10011083447
We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … productivity. In response to an increase in openness, markups show a steep short run decline, which partly reverses later, while … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …
Persistent link: https://www.econbiz.de/10005667140
-level productivity, profitability, Tobin’s Q, sales growth and survival rates. Management practices also display significant cross … competition is weak and/or when (b) family-owned firms pass management control down to the eldest sons (primo geniture). European … firms report lower levels of competition, while French and British firms also report substantially higher levels of primo …
Persistent link: https://www.econbiz.de/10005661978
This paper investigates the relationship between firm restructuring and international competition in Bulgaria during … 1991–4. Two hypotheses are tested. First, firms in industries that are subject to significant international competition … demonstrate greater increases in efficiency over time than firms in industries that remain sheltered from such competition. Second …
Persistent link: https://www.econbiz.de/10005114496
This paper investigates the activities of the Bulgarian competition office, the Commission for the Protection of … Competition, during 1991–5. Descriptive statistics are provided on the industry incidence of investigations, the types of … of the Commission’s activities have centred on ‘unfair’ competition (e.g. false advertising, trademark infringement, and …
Persistent link: https://www.econbiz.de/10005656340
, there exists a class of workers in the West who are harmed because they face competition from Eastern workers and cannot …
Persistent link: https://www.econbiz.de/10005123997