Product Market Competition and Productivity in the Indian Manufacturing Industry
研究了1991年经济改革后十年间,印度制造业中产品市场竞争对企业生产率增长的影响,发现市场份额越小、市场集中度越低,企业生产率增长越快。
Abstract The effects of product market competition on the growth rates of productivity of firms in the Indian manufacturing sector are examined for the decade since the economic reform in 1991. This study improves on the construction of variables that capture the extent of product market competition. Empirical results indicate that the smaller is the market share of a firm, the higher is the productivity growth of the firm, and this effect is more prominent in a less concentrated market.