This paper studies how different unionisation structures affect firm productivity, firm performance, and consumer … welfare in a monopolistic competition model with heterogeneous firms and free entry. While centralised bargaining induces … tougher selection among hetero- geneous producers and thus increases average productivity, firm-level bargaining allows less …

The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …

This paper investigates the productivity effects of inward and outward foreign direct investment using industry and … spillovers we argue that effects of FDI work through direct compositional effects as well as changing competition in the host … country. Our results show that there are, on average, productivity benefits from inward FDI, although we can identify a number …

product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …

for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product … governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly …

penetration, we find that potential positive spillovers are dominated by negative competition effects. This, however, masks the …

This paper examines the relationship between firms' productivity improvement and the volume of exports, and shows that …) and multimarket linkages (i.e., horizontally). We find that an improvement of the manufacturing productivity affects the … look surprising. This result can explain for the empirical productivity puzzle found in Ghemawat et al. (2010). Related to …

competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …

competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …

competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …