Ciriani, Stéphane; Jeanjean, François - In: Intereconomics : review of European economic policy 55 (2020) 3, pp. 192-198
The empirical relationship between competition intensity and the rate of productivity growth across 30 sectors of the … competition for each sector, defined by the price markup that maximises the growth rate of hourly labour productivity. As there is … follows that sectors with high technical progress require higher markups to maximise their labour productivity growth rate …