over marginal theory of imperfect competition. The controversy was closed prematurely; various contributions published … analysis of competition; it is too often neglected in favour of the sole competition on margins. …

degree of competition using the H-statistic by Panzar and Rosse (1987). The estimated H-statistics for the whole sample … periods are positive ranging from 0.38 to 0.62 and the Wald test for the market structure of monopoly or perfect competition … is rejected implying that the Islamic banks in Malaysia earned their revenue in the condition of monopolistic competition. …

strong support for the self-selection hypothesis, according to which firms need higher productivity performance to compensate … productivity levels for exporters. The paper also tests for the reverse causality (learning-by-exporting), but finds no empirical … support for it, not even after controlling for the firm's distance to a constructed international productivity frontier. This …

This study examines telecommunications productivity, technological catch-up and innovation in 74 countries for the … period 1991-1995. A summary of partial productivity indicators is presented, and total factor productivity (TFP) growth is … calculated using the Malmquist productivity change index. Decomposition of the Malmquist index provides preliminary evidence that …

The desire to increase manufacturing productivity has been a commonly cited goal of the trade liberalization episodes … in productivity. However, this paper finds that the methodology used in the literature ignores inter …-industry productivity spillovers and suggests that this omission biases estimates of the impact of import tariff reduction on industry …

factor productivity (TFP) in determining both the wage premium and tariffs. This omission invalidates the use of the pre … tariffs reduces the wage premium by 1.1%. This finding suggests the importance of using policies that boost productivity to …

framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure … and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of … restructuring arises as an integral part of capital accumulation. On the aggregate level, inflation appears as stagflation, with the …

performances, by exploring under what conditions social expenditure is productivity-enhancing or not. Well-designed welfare states …