Competition and productivity: a review of evidence
AbstractDoes competition spur productivity? And if so, how does it do so? These have long been regarded as central questions in economics. This essay reviews the literature that makes progress toward answering both questions.
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Bibliographic InfoPaper provided by Federal Reserve Bank of Minneapolis in its series Staff Report with number 439.
Date of creation: 2010
Date of revision:
Other versions of this item:
- Thomas J. Holmes & James A. Schmitz, 2010. "Competition and Productivity: A Review of Evidence," Annual Review of Economics, Annual Reviews, vol. 2(1), pages 619-642, 09.
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
- L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
- L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-04-11 (All new papers)
- NEP-CBA-2010-04-11 (Central Banking)
- NEP-COM-2010-04-11 (Industrial Competition)
- NEP-EFF-2010-04-11 (Efficiency & Productivity)
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- Jeremy Greenwood & David Weiss, 2013.
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19556, National Bureau of Economic Research, Inc.
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1205, Research Institute for Market Economy, Sogang University.
- Sungwon Lee & Young Lee, 2014. "Stochastic frontier models with threshold efficiency," Journal of Productivity Analysis, Springer, vol. 42(1), pages 45-54, August.
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- John E. Tilton, 2013. "Cyclical and Secular Determinants of Productivity in the Copper, Aluminum, Iron Ore, and Coal Industries," Working Papers 2013-11, Colorado School of Mines, Division of Economics and Business.
- Carl Shapiro, 2011. "Competition and Innovation: Did Arrow Hit the Bull’s Eye?," NBER Chapters, in: The Rate and Direction of Inventive Activity Revisited, pages 361-404 National Bureau of Economic Research, Inc.
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