Competition and Corporate Performance

Preprint

preprint

Published in RePEc

Abstract

This paper investigates the impact of competition on the productivity performance of companies. The key hypothesis is that firms which operate in a more competitive environment have a higher levels of productivity and/or higher rates of productivity growth. We summarise the theoretical foundation for this hypothesis and the empirical evidence in its favour. Both are very thin. We then present some evidence based on a panel of UK manufacturing companies which provides support for the key hypothesis.

Keywords

PRODUCTIVITY PERFORMANCE
COMPETITIVE ENVIRONMENT
MANUFACTURING COMPANIES
THEORETICAL FOUNDATION
CORPORATE PERFORMANCE
PRODUCTIVITY AND/OR
UK MANUFACTURING
KEY HYPOTHESIS
AND/OR HIGHER

All Related Versions

Version 1, RePEc

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