This study examines the impact of product market competition and corporate governance on productivity growth in German manufacturing. Using a panel of almost 500 firms over the years 1986--94, we find that firms experience higher productivity growth when operating in markets with intense...

The relationship between air traffic delays and competition has received much attention recently. I estimate the price responses to longer flight delays in competitive and non-competitive markets, using a policy change to instrument for potentially endogenous flight delays in the price...

We revisit the relationship between competition and price discrimination in the airline industry. Theoretically, we show that, if consumers differ in terms of both their underlying willingness-to-pay and their brand loyalty, competition may increase price differences between some consumers while...