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Competition and productivity: a review of evidence

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Author Info

  • Thomas J. Holmes
  • James A. Schmitz, Jr.

Abstract

Does 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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File URL: http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=4391
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File URL: http://www.minneapolisfed.org/research/SR/SR439.pdf
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Bibliographic Info

Paper provided by Federal Reserve Bank of Minneapolis in its series Staff Report with number 439.

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Date of creation: 2010
Date of revision:
Handle: RePEc:fip:fedmsr:439

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Related research

Keywords: Competition ; Monopolies ; Productivity;

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Cited by:
  1. Jeremy Greenwood & David Weiss, 2013. "Mining Surplus: Modeling James A. Schmitz's Link Between Competition and Productivity," NBER Working Papers 19556, National Bureau of Economic Research, Inc.
  2. 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.
  3. Rousakis, Michael, 2012. "Implementation Cycles : Investment-Specific Technological Change and the Length of Patents," The Warwick Economics Research Paper Series (TWERPS) 983, University of Warwick, Department of Economics.
  4. 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.
  5. John Van Reenen, 2010. "Does Competition Raise Productivity Through Improving Management Quality?," CEP Discussion Papers dp1036, Centre for Economic Performance, LSE.
  6. Ana Cecília Fieler & Marcela Eslava & Daniel Xu, 2014. "Trade, Skills, and Quality Upgrading: A Theory with Evidence from Colombia," NBER Working Papers 19992, National Bureau of Economic Research, Inc.

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