A country with Cournot competition and free entry experiences an increase of its market size either due to economic … growth or international integration of goods markets. The implied increase in competition leads to shrinking mark-ups and … terms can even lose in real terms. From a quantitative perspective, international competition is shown to be the more …

productivity, exploiting an exogenous variation in the institutional environment regulating collective bargaining. We find that the … introduction of collective performance related pay significantly increases productivity by around 3-5 per cent, but such effect … type of parameters used - is also relevant for firm productivity. …

Twenty years have passed since Freeman and Medoff's What Do Unions Do? This essay assesses their analysis of how unions … in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union …

product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …

This paper studies how different unionisation structures affect firm productivity, firm performance, and consumer … welfare in a monopolistic competition model with heterogeneous firms and free entry. While centralised bargaining induces … tougher selection among hetero- geneous producers and thus increases average productivity, firm-level bargaining allows less …

The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …

This paper investigates the productivity effects of inward and outward foreign direct investment using industry and … spillovers we argue that effects of FDI work through direct compositional effects as well as changing competition in the host … country. Our results show that there are, on average, productivity benefits from inward FDI, although we can identify a number …