Competition, Technological Change and Productivity Gains: A Sectoral Analysis
Abstract The empirical relationship between competition intensity and the rate of productivity growth across 30 sectors of the French economy between 1978 and 2015 displays an inverted U-shape. This implies that there exists an optimal level of competition for each sector, defined by the price marku...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer
2020-06-01
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| Series: | Intereconomics |
| Online Access: | https://doi.org/10.1007/s10272-020-0899-8 |