Industrial Competition Shifts In Market Share And Productivity Growth


Industrial Competition Shifts In Market Share And Productivity Growth
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Industrial Competition Shifts In Market Share And Productivity Growth


Industrial Competition Shifts In Market Share And Productivity Growth
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Author : John Russel Baldwin
language : en
Publisher:
Release Date : 2004

Industrial Competition Shifts In Market Share And Productivity Growth written by John Russel Baldwin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Competition categories.




Industrial Competition Shifts In Market Share And Productivity Growth


Industrial Competition Shifts In Market Share And Productivity Growth
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Author : John R. Baldwin
language : en
Publisher:
Release Date : 2009

Industrial Competition Shifts In Market Share And Productivity Growth written by John R. Baldwin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.


This paper investigates the extent to which productivity growth is the result of turnover - the process that shifts output from one firm to another as a result of the competitive process. Turnover occurs because some firms gain market share and others lose it. Some turnover is due to entry and exit. The other part arises from growth and decline in incumbent continuing producers. The paper proposes a method for measuring the impact of plant turnover on productivity growth and outlines how this contribution has changed in Canada as a result of substantial trade liberalization in the 1990s.



Industrial Competition Shifts In Market Share And Productivity Growth


Industrial Competition Shifts In Market Share And Productivity Growth
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Author :
language : en
Publisher:
Release Date : 2004

Industrial Competition Shifts In Market Share And Productivity Growth written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.


Most of the empirical studies label the first term on the right hand side the 'pure' productivity effect, the second term as the 'reallocation' effect. [...] In the particular counterfactual chosen here, we assume that in the absence of the competition that leads to market-share change, both exiting plants and continuing plants would have remained in the market at the end of a period and that there would have been no changes in their output shares during the period. [...] This relative difference in the importance of turnover in the two components is also found over the two previous periods.9 Most of the within-plant productivity contribution comes from the plants that increased market share. [...] The greater the shifts in market share in a period, the higher was aggregate labour productivity growth in the period. [...] A slowdown in productivity growth in the 1979-1988 period relative to the 1973-1979 period occurred as the pace of shifts in market share 9 See Baldwin and Gu (2002) for an analysis of the components of entry that examine the difference between foreign and domestic plants, single enterprise and multi-enterprise plants.



Industrial Organization


Industrial Organization
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Author : Kenneth George
language : en
Publisher: Routledge
Release Date : 2005-08-11

Industrial Organization written by Kenneth George and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-11 with Business & Economics categories.


As most economies remain caught in a global recession, that shows little sign of abatement, the importance of maintaining a flourishing industrial sector for the economic wellbeing of a country has rarely been so relevant. Industrial Organisation has long served as a basic introduction to this subject. The book is concerned with economic problems and policy issues that arise from the activities of firms. The authors reject the traditional micro-economic analysis of market structure in favour of studying conduct and performance in the context of macro-economic policy and the environment which this provides for firms. Substantially revised and updated to take account of developments in the subject since the publication of the last edition, Industrial Organization includes four new chapters which reflect the major new areas of interest in industrial economics over the last decade. These include the increasing importance of the service sector and problems of relatively low productivity growth within this, and questions relating to increased levels of international competition in a more open world economy. This is a comparative study, drawing on empirical evidence from the UK, USA and the EC. Mathematical and econometric requirements are kept to a minimum, and the text has long been regarded as the most accessible introduction to the subject.



Competition Firm Turnover And Productivity Growth


Competition Firm Turnover And Productivity Growth
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Author : John R. Baldwin
language : en
Publisher:
Release Date : 2009

Competition Firm Turnover And Productivity Growth written by John R. Baldwin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.


This paper investigates the extent to which productivity growth is the result of firm turnover as output is shifted from one firm to another, driven by the competitive process. Turnover occurs as some firms gain market share and others lose it. Some of the resulting turnover is due to entry and exit. Another part arises from growth and decline in incumbent continuing firms. This paper proposes a method for measuring the impact of firm turnover on productivity growth and shows that this impact is far more important than many previous empirical studies have concluded. It argues that firm turnover associated with competition is the main source of aggregate labour productivity growth in Canadian manufacturing industries.



Competition Firm Turnover And Productivity Growth


Competition Firm Turnover And Productivity Growth
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Author : John Russel Baldwin
language : en
Publisher:
Release Date : 2006

Competition Firm Turnover And Productivity Growth written by John Russel Baldwin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Labor productivity categories.


This paper investigates the extent to which productivity growth is the result of firm turnover as output is shifted from one firm to another, driven by the competitive process. Turnover occurs as some firms gain market share and other lose it. Some of the resulting turnover is due to entry and exit. Another part arises from growth and decline in incumbent continuing firms.



The Dynamics Of Industrial Competition


The Dynamics Of Industrial Competition
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Author : John R. Baldwin
language : en
Publisher: Cambridge University Press
Release Date : 1998-09-13

The Dynamics Of Industrial Competition written by John R. Baldwin and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-09-13 with Business & Economics categories.


The Dynamics of Industrial Competition describes the internal dynamics of industries using new and unique longitudinal data that make it possible to track firms over time. It provides a comprehensive picture of a number of aspects of firm turnover in North America that arise from the competitive process - the entry and the exit of firms, the growth and the decline of incumbent firms, and the merger process. Instantaneous and cumulative measures of market dynamics are provided. Since the forces contributing to competition are varied and industries are affected by heterogeneous forces, different aspects of firm turnover are considered in order to provide a comprehensive overview of the competitive process. Entry is divided into that portion coming from the creation of new plants and that portion arising from the acquisition of existing firms. Differences are drawn between the effects of related and unrelated acquisitions and between the effects of take-overs made by domestic and foreign firms. Differences between large- and small-firm activity are also investigated. The effects of turnover on productivity, efficiency, wage rates, and profitability are extensively model led. Using various measures of firm turnover to proxy the amount of competition, the study examines and contextualizes the relationship between industry performance and the intensity of the competitive process.



Competition And Productivity


Competition And Productivity
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Author : Thomas J. Holmes
language : en
Publisher: DIANE Publishing
Release Date : 2010

Competition And Productivity written by Thomas J. Holmes and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.


Does competition spur productivity? And if so, how? These have long been regarded as central questions in economics. The extent of competition can be influenced by policy decisions, so understanding how competition impacts productivity and, in turn, living standards is of more than academic importance. To fully answer these questions of whether, and how, an increase in competition impacts productivity, two issues must be addressed. First, the authors define what we mean by an ¿increase in competition.¿ Second, they attempt to understand the mechanisms through which competition impacts productivity. Both issues present substantial challenges, which the authors address. Illustrations. This is a print-on-demand publication; it is not an original.



Productivity Growth And The Competitiveness Of The American Economy


Productivity Growth And The Competitiveness Of The American Economy
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Author : Stanley W. Black
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Productivity Growth And The Competitiveness Of The American Economy written by Stanley W. Black and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to raise their interest rates to slow domestic monetary expansion, the fabric of international monetary cooperation began to unravel. Amid charge and counter-charge by disgruntled fmance ministers, the dollar dropped further and interest rates jumped upward, leading to panic in the stock market on Black Monday. Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street brokerage houses and a collapse of the credit system. But the world-wide reverberations of the Wall Street crash exposed the underlying weaknesses of an economy based on foreign borrowing for all to see. Furthermore, the banking system is saddled with mountains of bad debts from the Third World and depressed parts of the American economy. A new Administration entering office in 1989 must deal with these problems, among others. Businesses and state and local governments need to know whether to focus their efforts on tax policy, investment, and improvements in education and worker training, or lobbying for protection from imports. The papers in this volume were chosen to explain the causes of present competitive problems in American industry and the factors that can lead to their gradual solution.



Global Competition And The Labour Market


Global Competition And The Labour Market
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Author : Nigel Driffield
language : en
Publisher: Routledge
Release Date : 2013-05-13

Global Competition And The Labour Market written by Nigel Driffield and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-13 with Business & Economics categories.


This study combines an industry level and a firm level analysis on the wage and employment effects of multinational companies. This has not been attempted in any previous work. In view of the results, important questions are raised regarding how global changes in the structure of production may affect labour markets and the organisation of work in the future.