Original paper
Competition and productivity growth in South Africa
Abstract
This article shows that mark‐ups are significantly higher in South African manufacturing industries than they are in corresponding industries worldwide. We test for the consequences of this low‐level of product market competition on productivity growth. The results of the paper are that high mark‐ups have a large negative impact on productivity growth in South African manufacturing industry. Our results are robust to three different data...
Paper Details
Title
Competition and productivity growth in South Africa
Published Date
Sep 17, 2008
Journal
Volume
16
Issue
4
Pages
741 - 768
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Notes
History