Carlin, Wendy; Fries, Steven; Schaffer, Mark; … - Centre for Economic Reform and Transformation, School … - 2001
competition has an important and non-monotonic effect on the growth of sales and of labour productivity: some degree of perceived … general business environment and a range of measures of the intensity of competition as perceived by a firm. We find that … market power is associated with higher sales growth, but competitive pressure is also important. Similar competition effects …