This paper studies the effect of foreign-owned companies (FOCs) in the region on establishment survival and growth in …

when firms ameliorate their performance, which they will be unwilling to do in the absence of competition. It obliges firms … increases incentives to innovate, and secondly, it accelerates creative destruction. Since regulations impede the free entry of … rivals, they ensure firms a quiet life. Deregulation has therefore great potential to boost productivity growth. This study …

This paper studies how firms contribute to the productivity growth of an industry over their lifecycle. We present a … evidence for a prolonged positive exit effect that mirrors market selection during the early stages of firms lifecycle. This … effect is tightly related to the negative initial productivity effect of entry. We also find some evidence that productivity …