An Analysis of So-Called Export-Led Growth |
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Author:
| Yang, Jie |
ISBN: | 978-1-282-84171-0 |
Publication Date: | Jan 2006 |
Publisher: | International Monetary Fund
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Book Format: | Ebook |
List Price: | USD $18.00 |
Book Description:
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This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to...
More DescriptionThis paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to competition spurred by product-market reforms is around 12-15 percent.