Title: Competition and productivity in Japanese manufacturing industries
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.
Subjects: Industrial productivity, International Competition, Manufacturing industries
Places: Japan