Entry and Productivity Growth: Evidence From Microlevel Panel Data

Aghion, Philippe; Blundell, Richard; Griffith, Rachel; Howitt, Peter; Prantl, Susanne
April 2004
Journal of the European Economic Association;Apr-May2004, Vol. 2 Issue 2/3, p265
Academic Journal
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.


Related Articles

  • Reforms can help to maintain growth.  // OECD Economic Surveys: Denmark;May2006, Vol. 2006 Issue 7, p19 

    The recent performance of the Danish economy is impressive with above-trend GDP growth, decreasing unemployment and high budget and current account surpluses. However, this chapter argues that there is now a risk of overheating, not least as the monetary policy stance that Denmark "imports" from...

  • ECONOMIC REVOLUTION IN THE SOVIET UNION. Goldman, Marshall I. // Foreign Affairs;Jan1967, Vol. 45 Issue 2, p319 

    This article focuses on economic reforms in the Soviet Union. By the early 1960's, the Soviet economy had become a very complicated mechanism and was in serious danger of self-strangulation. The central planners were finding it harder and harder to make efficient decisions without help from...

  • Washington Wrap-up.  // Marketing News;8/1/72, Vol. 6 Issue 3, p7 

    The article offers news briefs related to marketing policies in the U.S. The analysis of mailbag complaints was received by the office of Consumer Affairs. According to Senator William Proxmire, increasing productivity is the key to improve the U.S. economy. Comments on the basic problem of...

  • Crowning Failure.  // Time;12/31/1965, Vol. 86 Issue 27, p27 

    The article reports on the development of the New Economic Model (NEM) by economists and apparatchiks to improve the economy of Czechoslovakia. It states NEM was designed to introduce Western profit incentives for managers of factories. It highlights the preamble to the NEM issued by the Central...

  • Waiting for Help.  // Current Events;12/13/2002, Vol. 101 Issue 14, p1 

    Reports on concerns regarding rebuilding of Afghanistan after the rule of Talibans came to an end. Significance of rebuilding to avoid the country from plunging into civil war; Need to improve education and food availability; Lack of support from countries who promised help.

  • Europe picks wrong path out of crisis. Krugman, Paul // Hill;4/23/2012, Vol. 19 Issue 49, p18 

    The author comments on the policy of various European nations to combat the economic crises, according to him, the European countries should be more flexible in their economic policies.

  • Editor's Introduction. Hung-Gay Fung // Chinese Economy;Jan/Feb2004, Vol. 37 Issue 1, p3 

    Introduces a series of articles on economic reforms in China.

  • Economic Policy: Fiscal Policy and Outlook.  // Portugal Country Monitor;Mar2012, p17 

    The article offers information about the forecast for economic policy of Portugal, wherein the country will not be able to choose to one-off measures in 2012 and a sharp decline in activity implies that the fiscal target for 2012 will be difficult to accomplish.

  • Removing the anonymity axiom in assessing pro-poor growth. Grimm, Michael // Journal of Economic Inequality;Aug2007, Vol. 5 Issue 2, p179 

    The recent focus on ‘pro-poor growth’ led also to an intense debate on how exactly to define and to measure pro-poor growth. All suggested measures have in common that they are based on the anonymity axiom. Such a perspective may provide a very incomplete picture given that the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics