Competition and Productivity Growth in South Africa

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Competition and Productivity Growth in South Africa

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Title: Competition and Productivity Growth in South Africa
Author: Aghion, Philippe; Braun, Matias; Fedderke, Johannes

Note: Order does not necessarily reflect citation order of authors.

Citation: Aghion, Philippe, Matias Braun, and Johannes Fedderke. 2008. Competition and productivity growth in South Africa. Economics of Transition 16(4): 741-768.
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Abstract: This article shows that mark-ups are significantly higher in South African manufacturing industries than they are in corresponding industries worldwide. We test for the consequences of this low-level of product market competition on productivity growth. The results of the paper are that high mark-ups have a large negative impact on productivity growth in South African manufacturing industry. Our results are robust to three different data sources, two alternative measures of productivity growth, and three distinct measures of the mark-up. Controlling for potential endogeneity of regressors does not eliminate the findings. The definitive version is available at www3.interscience.wiley.com.
Published Version: http://dx.doi.org/10.1111/j.1468-0351.2008.00336.x
Other Sources: http://www.economics.harvard.edu/faculty/aghion/papers_aghion
Terms of Use: This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#LAA
Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:3350068

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  • FAS Scholarly Articles [6463]
    Peer reviewed scholarly articles from the Faculty of Arts and Sciences of Harvard University
 
 

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