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Author: | MacDonald, J. |
Title: | Does import competition force efficient production? |
Journal: | Review of Economics and Statistics
1994 : NOV, VOL. 76:4, p. 721-727 |
Index terms: | ECONOMICS IMPORTS COMPETITION PRODUCTION |
Language: | eng |
Abstract: | Increases in import competition led to large increases in labour productivity growth in highly concentrated industries during the period from 1975 through 1987. The finding is based on a panel of 94 manufacturing industries observed over four periods, each of three years duration. Imports had no observable effects on productivity growth in less concentrated industries; the strong effects in concentrated industries did not occur contemporaneously but appeared with a one period lag. |
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