Competition and productivity in Japanese manufacturing industries
By: Yosuke Okada.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11540; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11540.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Manufacturing industries -- Japan.; Industrial productivity -- Japan.; Competition, International.
Description: "This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the impact of product market competition on productivity.  Using a newly available panel data on around ten thousand firms in Japanese manufacturing for the years 1994-2000, I show that competition, as measured by lower level of industrial price-cost margin, enhances productivity growth, controlling for a broad range of industrial and firm-specific characteristics.  Moreover, I suggest that market power, as measured by either individual firm's price-cost margin or market share, has negative impact on productivity level of R&D performing firms"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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