Limit search to available items
Book Cover
Author Ospina, Sandra, author

Title Competition and firm productivity : evidence from fir-level data / prepared by Sandra Ospina and Max Schiffbauer
Published [Washington, D.C.] : International Monetary Fund, [2010]
Online access available from:
IMF eLibrary    View Resource Record  


Description 1 online resource (34 pages) : color illustrations
Series IMF working paper ; WP/10/67
IMF working paper ; WP/10/67
Contents Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Data and Empirical Methodology; A. Productivity; 1. Estimated input elasticities: Olley-Pakes versus OLS; 1. Histograms; 2. Correlation coefficients for productivity measures, 2004; B. Competition; 3. Descriptive statistics; C. Reforms; 4. Changes in entry costs from Fraser database; 5. Comparison of GDP, trade, credit, labor market regulations and TFP growth: Reformers and Non-reformers; III. Empirical Relation between TFP and Competition; 6. Pooled estimation: productivity and competition
2. Quantile regressions: TFP and competitionIV. Direction of Causality; A. Instrumental Variable Approach; 7. IV estimation: TFP based on Olley and Pakes (1996) and Caves, Christensen, and Diewert (1982); B. Natural Experiment; 8. Reformers and Non-Reformers: TFP growth and competition; V. Conclusion; 9. Pooled estimation: productivity and competition in manufacturing; 10. Estimated input elasticities: Caves; A. Survey Overview; B. Estimation of Production Functions under Simultaneity; C. Computation of TFP growth and the Kim (2000) Correction; References; Footnotes
Summary This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to competition spurred by product-market reforms is around 12-15 percent
Bibliography Includes bibliographical references
Subject Competition -- Econometric models.
Competition -- Asia, Central -- Econometric models.
Competition -- Europe, Eastern -- Econometric models.
Industrial productivity -- Econometric models.
Industrial productivity -- Asia, Central -- Econometric models.
Industrial productivity -- Europe, Eastern -- Econometric models.
Form Electronic book
Author Schiffbauer, Marc, author
IMF Institute, issuing body
International Monetary Fund, issuing body
ISBN 1282845608