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competition in market economies. We find evidence of the importance of a minimum of rivalry in both innovation and growth: the …This Paper examines the importance of competition in the growth and development of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors …
Persistent link: https://www.econbiz.de/10005067370
foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …
Persistent link: https://www.econbiz.de/10005504282
competition has an important and non-monotonic effect on the growth of sales and of labour productivity: some degree of perceived … general business environment and a range of measures of the intensity of competition as perceived by a firm. We find that … market power is associated with higher sales growth, but competitive pressure is also important. Similar competition effects …
Persistent link: https://www.econbiz.de/10005114471
In the case of natural monopolies there tends to be a trade-off between a higher quality of output provided by private firms, and a better access for poor consumers provided by public firms. This is partly the reflection of differences in objectives by private and public firms. The former tend...
Persistent link: https://www.econbiz.de/10009643502
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
with a subsequent increase in innovation intensity and productivity growth for manufacturing sectors. In our analysis we … reforms on average profitability, and the effects of profitability on innovation and productivity growth. …European Union countries have implemented widespread reforms to product markets in order to stimulate competition …
Persistent link: https://www.econbiz.de/10005136744
substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … competition, and thus that competition only among state-owned enterprises may be ineffectual in stimulating them to increase …
Persistent link: https://www.econbiz.de/10005114270
. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … increased competition. We assemble a large data set on elderly care services in Sweden between 1990 and 2009 and estimate how … competition significantly improved non-contractible quality as measured by mortality rates. It also reduced the cost per resident …
Persistent link: https://www.econbiz.de/10011084097
impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …
Persistent link: https://www.econbiz.de/10005661595
effects of increased import competition are reinforced for foreign owned firms. In contrast, in Bulgaria and Romania … market structures are associated with higher total factor productivity. These effects depend, however, on the ownership …
Persistent link: https://www.econbiz.de/10005504242