industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We … measure competition using the Lerner Index and include as industrial policies subsidies, tax holidays, loans, and tariffs …. Measures to foster competition include policies that are more dispersed across firms in a sector or measures that encourage …

We study how barriers to competition---such as restrictions to business start-up and strict enforcement of covenants or … IPR---affect the investment in knowledge capital when contracts are not enforceable. These barriers lower the competition …

We experimentally test two seminal hypotheses on the impact of competition on firms' management upgrading. In a first … experiment, we protect firms from labor market competition by reducing the risk that a freshly trained manager would be poached … suite of experiments, we boost perceived product market competition by informing firms either that rival firms have received …

A common approach to markets with adverse selection is to regulate competition to minimize inefficiencies, while …--as an alternative market design. Relative to regulated competition, auctions affect product variety, quality, markups, and …

Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic … process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with … facing each individual bank. We find that regulatory-induced competition reduced liquidity creation. Consistent with some …

I review a subset of the empirical tools available for competition analysis. The tools discussed are those needed for …

only locally around equilibrium outcomes. Policy is needed because competition deters the socially optimal degree of …