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offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of …In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper … competitiveness will depend on full implementation of a comprehensive structural-reform agenda …
Persistent link: https://www.econbiz.de/10014411220
This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that...
Persistent link: https://www.econbiz.de/10012155037
power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …
Persistent link: https://www.econbiz.de/10012019850
We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … exerting a positive effect on competition. These results suggest that incumbent firms are likely to enjoy the rent and market …
Persistent link: https://www.econbiz.de/10011848240
Does greater product market competition improve external competitiveness and growth? This paper examines this question … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a … signficant increase in real GDP per capita growth rate, achieved mainly through an improvement in export competitiveness and …
Persistent link: https://www.econbiz.de/10012177592
innovation, but once discovery takes place there is an incentive to lower protection. The sub optimal but time consistent policy … involves an insufficient level of protection and, therefore, of innovation. In more technologically advanced economies …
Persistent link: https://www.econbiz.de/10014401239
Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term … competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy … advice. Furthermore, aggregate statistical measures of competitiveness in terms of exchange rate misalignment can be biased …
Persistent link: https://www.econbiz.de/10014396613
evolution of Ireland’s competitiveness over the same period. Changes in expectations of the currency’s devaluation can be … to exceed investors’ realignment expectations at that time as well as the loss of Irish competitiveness since the …
Persistent link: https://www.econbiz.de/10014395810
competition, spurring firm efficiency and increasing Indian firms'' competitiveness and ability to export. We show that export … growth has been an outcome of local firm innovation which has come about due to increased competitive pressure from FDI entry …
Persistent link: https://www.econbiz.de/10014404025
This paper reviews alternative approaches to measuring an economy''s cost competitiveness and proposes some new …
Persistent link: https://www.econbiz.de/10014400395