ENTRY AND PRODUCTIVITY GROWTH: EVIDENCE FROM MICROLEVEL PANEL DATA

被引：104

作者：

Aghion, Philippe ^{[1
]}

Howitt, Peter ^{[2
]}

Blundell, Richard ^{[3
]}

Prantl, Susanne ^{[3
]}

Griffith, Rachel ^{[3
]}

机构：

[1] Harvard Univ, Cambridge, MA 02138 USA

[2] Brown Univ, Providence, RI 02912 USA

[3] UCL, London WC1E 6BT, England

来源：

JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION | 2004年 / 2卷 / 2-3期

基金：

英国经济与社会研究理事会;

关键词：

D O I：

10.1162/154247604323067970

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

How does entry affect productivity growth of incumbents? In this paper we exploit policy reforms in the United Kingdom that changed entry conditions by opening up the U.K. economy during the 1980s and panel data on British establishments to shed light on this question. We show that more entry, measured by a higher share of industry employment in foreign firms, has led to faster total factor productivity growth of domestic incumbent firms and thus to faster aggregate productivity growth. (JEL: L5, L10, O31, O4)

引用

页码：265 / 276

页数：12

共 23 条

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Acemoglu Daron, 2003, WORKING PAPER

[2]

Aghion P., 2003, WORKING PAPER

[3] Do domestic firms benefit from direct foreign investment? Evidence from Venezuela [J].