We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market … competition. We find that increased product market competition reduces unemployment, and that it does so more in countries with …. We also find that the effect of increased competition on real wages is beneficial to workers, but less so when they have …

productivity growth. …

reforms on average profitability, and the effects of profitability on innovation and productivity growth. – Competition …European Union countries have implemented widespread reforms to product markets in order to stimulate competition … (SMP) were associated with increased product market competition, as measured by a reduction in average profitability, and …

Policy makers in Europe have been concerned that lack of product market competition have led productivity to lag behind … productivity. On the one hand increasing competition lowers firm's profits and thus reduces incentives to exert effort (the … between product market competition and productivity levels and growth rates. The introduction of the European Union Single …

This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at … technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence …

This paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …

productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …

economically and statistically significant impacton firm-level productivity and market value. Patent citations contain more … (total factor) productivity and an eight percent increase in market value. As expected patenting and citation information … feeds into market values immediately but appears to have some additional lagged effects of productivity suggesting gradual …

Stronger productivity growth in the US than the EU over the late 1990s is widely attributed to faster, more widespread …

This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian … engage in R&D activities. In this model, competition may increase the incremental profit from innovating; on the other hand …, competition may also reduce innovation incentives for laggards. This model generates four main predictions which we test …