offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of …

rate. In particular, investment in R and D, capital infrastructure and vocational training improves innovation and …

entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as …

Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm …) this is the first paper to study the determinants of exit and product switching in an emerging market; and (2) we consider … explicitly the role of export opportunities. Our results indicate that globalization does not affect firm exit significantly but …

power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …

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 …

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 … productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition …

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 … reputational considerations may be sufficient to maintain strong protection. Otherwise a commitment mechanism, such as …