In this paper we explore the link between the intensity of product market competition and inflation rates across EU … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation … product market competition reduces average inflation rates for a prolonged period of time. Moreover, results both at the …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

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 …

analyses of public capital productivity have been limited to a small sample of countries for which official capital stock …

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 …

Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition …-data for services, we calculate proxies for competition in services, and then use Input-Output matrices to link services to … manufacturing sectors. we find that there is a positive and significant relation between the extent of competition and firms …

Deficits" discussion of the 1980s. In contrast, during the 1990s productivity growth has been identified as the primary cause … importance of budget deficits and productivity shocks for the determination of the current account. Using a sample of 21 OECD … current account, while country-specific productivity shocks appear to play a key role. …

We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R …

This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a difference …-in-differences framework, which exploits likely differences in the productivity effect of dismissal regulations in different industries. Our …