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We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of … micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff … competition in export markets tend to reduce investments in automation technologies. These average negative effects are driven by …
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A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition …
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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched … competition increases overall welfare. In particular, this is always the case when the incentives for defection are high. …
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