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tougher competition does indeed raise productivity and one of the main mechanisms is through improving management practices …A classic question in industrial organization is whether competition raises productivity and if so, through what … the economics of competition and management, arguing that management should be seen at least in part as a transferable …
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Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
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We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China’s entry into the World Trade Organization. Chinese import competition had two effects: first, it led … to increases in R&D, patenting, IT and TFP within firms; and second it reallocated employment between firms towards more …
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We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of … micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff … competition in export markets tend to reduce investments in automation technologies. These average negative effects are driven by …
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