Competition and Crporate Performance
AbstractThis paper investigates the impact of competition on the productivity performance of companies. The key hypothesis is that firms which operate in a more competitive environment have a higher levels of productivity and/or higher rates of productivity growth. We summarise the theoretical foundation for this hypothesis and the empirical evidence in its favour. Both are very thin. We then present some evidence based on a panel of UK manufacturing companies which provides support for the key hypothesis.
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Bibliographic InfoPaper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 99155.
Length: 28 pages
Date of creation: 1993
Date of revision:
competition ; productivity;
Other versions of this item:
- Nickell, Stephen J, 1996. "Competition and Corporate Performance," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 104(4), pages 724-46, August.
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Â¿Por quÃ© necesitamos a los â??talibanes de la competenciaâ??
by Juan SantalÃ³ in Nada Es Gratis on 2012-01-26 07:00:41
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