Competition and Productivity Growth in South Africa

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Competition and Productivity Growth in South Africa

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dc.contributor.author Aghion, Philippe
dc.contributor.author Braun, Matias
dc.contributor.author Fedderke, Johannes
dc.date.accessioned 2009-10-14T15:17:02Z
dc.date.issued 2008
dc.identifier.citation Aghion, Philippe, Matias Braun, and Johannes Fedderke. 2008. Competition and productivity growth in South Africa. Economics of Transition 16(4): 741-768. en_US
dc.identifier.issn 0967-0750 en_US
dc.identifier.uri http://nrs.harvard.edu/urn-3:HUL.InstRepos:3350068
dc.description.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. en_US
dc.description.sponsorship Economics en_US
dc.language.iso en_US en_US
dc.publisher Blackwell Publishing en_US
dc.relation.isversionof http://dx.doi.org/10.1111/j.1468-0351.2008.00336.x en_US
dc.relation.hasversion http://www.economics.harvard.edu/faculty/aghion/papers_aghion en_US
dash.license LAA
dc.subject mark-ups en_US
dc.subject productivity growth en_US
dc.subject manufacturing industry en_US
dc.subject South Africa en_US
dc.subject product market competition en_US
dc.title Competition and Productivity Growth in South Africa en_US
dc.type Journal Article en_US
dc.description.version Accepted Manuscript en_US
dc.relation.journal Economics of Transition en_US
dash.depositing.author Aghion, Philippe
dc.date.available 2009-10-14T15:17:02Z

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  • FAS Scholarly Articles [7219]
    Peer reviewed scholarly articles from the Faculty of Arts and Sciences of Harvard University

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