Competition and Productivity Growth in South Africa
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Aghion, Philippe, Matias Braun, and Johannes Fedderke. “Competition and Productivity Growth in South Africa.” CID Working Paper Series 2006.132, Harvard University, Cambridge, MA, August 2006.Abstract
Using three different panel data sets, the authors show: (i) that mark-ups are significantly higher in South African manufacturing industries than they are in corresponding industries worldwide; (ii) that competition policy (i.e. a reduction of mark-ups) should have largely positive effects on productivity growth and employment in South Africa.Terms of Use
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