Showing 1 - 10 of 258
Does greater product market competition improve external competitiveness and growth? This paper examines this question … productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a …
Persistent link: https://www.econbiz.de/10012839680
power in global markets. First, competition has declinedaround the world, measured as a moderate increase in average firm …
Persistent link: https://www.econbiz.de/10012869288
Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for … the important role of small and medium-sized enterprises (SMEs) in explaining Japan's modest productivity growth. Results … show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector …
Persistent link: https://www.econbiz.de/10012865835
amount of momentum towards fast growth. There is a possibility that, within the wider context of globalization, several of …
Persistent link: https://www.econbiz.de/10012710506
footprint is also reflected in market competition and efficiency. Although sectors in which the state is present are more … competition, in particular in state procurement. Finally, state-owned enterprises' performance appears weaker than that of … privately-owned firms, which may be subtracting from growth …
Persistent link: https://www.econbiz.de/10012889138
FDI has played a strong role in the export-led growth of eastern European countries that are now members of the … and cost efficiency. Over time, foreign investment has restructured the exports sector in these countries in favor of …
Persistent link: https://www.econbiz.de/10012910362
This paper examines factors determining the allocation of bank credit to the enterprise sector, and the implications of this allocation for aggregate supply and macro-economic performance, in the former socialist economies. It first develops a model to explain how changes in demand for money by...
Persistent link: https://www.econbiz.de/10012781802
emerging European economies during the mid-2000s resulted in rapid economic growth and convergence to EU income levels. This … financing and lower growth …
Persistent link: https://www.econbiz.de/10013015611
Estimation and simulation of sustainable real exchange rates in some of the new EU accession countries point to potential difficulties in sustaining the ERM2 regime if entered too soon and with weak policies. According to the estimates, the Czech, Hungarian, and Polish currencies were overvalued...
Persistent link: https://www.econbiz.de/10013318089
This paper examines the role of removing obstacles to competition in product markets in raising growth and productivity …
Persistent link: https://www.econbiz.de/10012977836