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Import Competition, Productivity, and Restructuring in UK Manufacturing

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  • Chiara Criscuolo

Abstract

We discuss the literature on the importance of entry and exit for raising productivity growth. Using micro data for the UK for a period from 1980 to 2000, we find that the share of productivity growth accounted for by entry and exit has increased considerably: from around 25 per cent in the 1980s to around 50 per cent in the 1990s. We then ask to what extent increased globalization--measured as sectoral import penetration--might have explained this and find effects from both globalization and information and communication technology. Copyright 2004, Oxford University Press.

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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 20 (2004)
Issue (Month): 3 (Autumn)
Pages: 393-408

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Handle: RePEc:oup:oxford:v:20:y:2004:i:3:p:393-408

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Cited by:
  1. repec:cge:warwcg:90 is not listed on IDEAS
  2. Crafts, Nicholas, 2011. "British Relative Economic Decline Revisited," CAGE Online Working Paper Series 42, Competitive Advantage in the Global Economy (CAGE).
  3. repec:cge:warwcg:42 is not listed on IDEAS
  4. Crafts, Nicholas & O’Rourke, Kevin Hjortshøj, 2014. "Twentieth Century Growth*This research has received funding from the European Research Council under the European Union’s Seventh Framework Programme (FP7/2007-2013) / ERC grant agreement no. 249546," Handbook of Economic Growth, in: Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 263-346 Elsevier.
  5. Ralf Martin, 2004. "Globalisation, ICT and the Nitty Gritty of Plant Level Datasets," CEP Discussion Papers dp0653, Centre for Economic Performance, LSE.
  6. Crafts, Nicholas, 2012. "British relative economic decline revisited: The role of competition," Explorations in Economic History, Elsevier, vol. 49(1), pages 17-29.

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