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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 …
Persistent link: https://www.econbiz.de/10010297660
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 …
Persistent link: https://www.econbiz.de/10010297792
penetration, we find that potential positive spillovers are dominated by negative competition effects. This, however, masks the …
Persistent link: https://www.econbiz.de/10010299090
In diesem Interview wird erläutert, (a) dass Unternehmen dem Gemeinwohl dienen, indem sie innovative und produktive Wertschöpfung betreiben, (b) dass Gewinne ein Signal und eine Belohnung für gelungene Wertschöpfung sind, weil sie zum Ausdruck bringen, dass die freiwillige...
Persistent link: https://www.econbiz.de/10011815541
The paper studies the impact of trade liberalization on competition and productivity. Competition is the main channel … through which trade liberalization affects economic performance. Competition fosters innovation and technology adoption which …
Persistent link: https://www.econbiz.de/10011429816
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …This paper studies the influence of information on entry choices in a competition with a controlled laboratory …
Persistent link: https://www.econbiz.de/10010282257
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 …
Persistent link: https://www.econbiz.de/10010261614
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 …
Persistent link: https://www.econbiz.de/10010266094
plant's placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more … competition from abroad as export opportunities shrink and import competition intensifies. As a result, smaller less productive … plants are forced from the market, which truncates the lower end of the productivity distribution. For surviving plants …
Persistent link: https://www.econbiz.de/10010333033
productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level … of competition in the domestic market as import competition intensifies and export opportunities shrink, forcing less …. Depreciations have the opposite effect, as import competition weakens and new export opportunities arise, less competitive plants …
Persistent link: https://www.econbiz.de/10010333034