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competition by using a trade-weighted average of industry exchange rates as the instrument. I find a mildly negative relationship …I re-examine the inverted-U relationship between competition and innovation (originally modeled and tested by Aghion et … between competition (as measured by the inverse of markups) and innovation (as measured by citation-weighted patents). The …
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I re-examine the inverted-U relationship between competition and innovation (originally modeled and tested by Aghion et … competition by using various measures of foreign competition as instruments. I find a positive relationship between competition …
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Increased product market competition should affect outcomes in labour and product markets, and one of the key premises … more competition. In this paper we directly test this notion by considering the relationship between product market … competition and establishment-level wages and economic performance. We use two microeconomic data sources from Britain and …
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