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Are dominant online search engines monopolies enjoying low contest-ability, due to high barriers to entry, or innovative first-movers? This paper argues that dominant online search engines maintain their leadership through an “innovation feedback loop”: a process whereby increasing R&D...
Persistent link: https://www.econbiz.de/10012828760
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10014191259
economy to a low productivity level. These structural characteristics are related not only to cost elements but also to the …
Persistent link: https://www.econbiz.de/10012806018
We propose a new model of multi-product firms in international trade, where firms choose their product mix based on the products’ attractiveness and endogenous competition. The model is motivated by two novel stylized facts using Danish manufacturing data, which demonstrate the importance of...
Persistent link: https://www.econbiz.de/10014551012
This paper investigates the relation between product market competition, corporate governance and firm performance in Indian manufacturing industries covering the period 1995-2017. Evidence suggests that firm performance improves as competition increases. Besides, results depict heterogeneity in...
Persistent link: https://www.econbiz.de/10014447639
This paper investigates the effect of competition in both the domestic and foreign markets on firm productivity and …
Persistent link: https://www.econbiz.de/10011730197
We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff liberalization between the European Union and...
Persistent link: https://www.econbiz.de/10014487176
This paper investigates the extent to which productivity growth is the result of firm turnover as output is shifted … continuing firms. This paper proposes a method for measuring the impact of firm turnover on productivity growth and shows that … associated with competition is the main source of aggregate labour productivity growth in Canadian manufacturing industries …
Persistent link: https://www.econbiz.de/10014209428
Persistent link: https://www.econbiz.de/10013348081
This paper studies the effect of competition on firm innovation by developing a discrete-time endogenous growth model where multi-product firms do two types of innovation subject to friction in technology spillovers. Firms improve their existing products through internal innovation while...
Persistent link: https://www.econbiz.de/10013226722