Competition and the relative productivity of large and small firms
Abstract
Using a comprehensive dataset on the incidence of price-fixing across British manufacturing industries in the 1950s, I compare collusive and competitive industries and find evidence of a negative relationship between collusion and the labour productivity of larger firms relative to smaller firms. In particular, collusion is associated with a reduction or even a reversal of the productivity gap between larger and smaller firms. This result is robust to controlling for the potential endogeneity of collusion.Download Info
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Bibliographic Info
Article provided by Taylor and Francis Journals in its journal Applied Economics.
Volume (Year): 43 (2011)
Issue (Month): 24 ()
Pages: 3253-3264
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Web page: http://www.tandf.co.uk/journals/routledge/00036846.html
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Related research
Keywords:Other versions of this item:
- George Symeonidis, 2010. "Competition and the relative productivity of large and small firms," Economics Discussion Papers 690, University of Essex, Department of Economics.
References
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