{
  "title": "Competition and Firm Productivity: Evidence from Firm-Level Data",
  "publication": "IMF Working Papers, March 1, 2010",
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  "summary": "This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for competition and our measures of productivity.",
  "sections": [
    {
      "heading": "Key findings",
      "content": "- The paper presents empirical evidence on the impact of competition on firm productivity using firm-level observations from the World Bank Enterprise Survey database.\n- There is a positive and robust causal relationship between the proxies for competition and the measures of productivity reported in the study.\n- Countries that implemented product-market reforms experienced a more pronounced increase in competition and, correspondingly, in productivity.\n- The contribution to productivity growth due to competition spurred by product-market reforms is around 12-15 percent."
    },
    {
      "heading": "Data and methodology",
      "content": "- Data source: World Bank Enterprise Survey database (firm-level observations).\n- Measures: proxies for competition and measures of firm productivity (including labor productivity and total factor productivity as indicated by subjects).\n- Scope: empirical analysis presented across 34 pages."
    },
    {
      "heading": "Analysis and interpretation",
      "content": "- The estimated causal link indicates competition is an important determinant of firm-level productivity improvements.\n- Product-market reforms are associated with measurable increases in competition and aggregate productivity, suggesting reform-driven competition channels matter for productivity growth.\n- Subject areas covered include Commodity markets, Competition, Labor productivity, Productivity, Total factor productivity."
    },
    {
      "heading": "Implications for policy",
      "content": "- Product-market reforms can be an effective policy lever to increase competition and thus foster firm-level productivity growth.\n- Policy emphasis on reducing barriers to competition is likely to contribute meaningfully to measured productivity gains (estimated contribution around 12-15 percent from reforms-related competition).\n\nIMF Working Paper: \"Competition and Firm Productivity: Evidence from Firm-Level Data\" by Marc Schiffbauer and Sandra Ospina, Working Paper No. 2010/067, March 1, 2010.\n\n---\n\n Content in this bundle\n\n- wp1067 - References\n  - wp1067 - References (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp1067 - References (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/competition-and-firm-productivity-evidence-from-firm-level-data-23698"
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    "Authors: Marc Schiffbauer, Sandra Ospina",
    "Published: March 1, 2010",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451982114.001",
    "The paper presents empirical evidence on the impact of competition on firm productivity using firm-level observations from the World Bank Enterprise Survey database.",
    "There is a positive and robust causal relationship between the proxies for competition and the measures of productivity reported in the study.",
    "Countries that implemented product-market reforms experienced a more pronounced increase in competition and, correspondingly, in productivity.",
    "The contribution to productivity growth due to competition spurred by product-market reforms is around 12-15 percent.",
    "Data source: World Bank Enterprise Survey database (firm-level observations).",
    "Measures: proxies for competition and measures of firm productivity (including labor productivity and total factor productivity as indicated by subjects).",
    "Scope: empirical analysis presented across 34 pages.",
    "The estimated causal link indicates competition is an important determinant of firm-level productivity improvements.",
    "Product-market reforms are associated with measurable increases in competition and aggregate productivity, suggesting reform-driven competition channels matter for productivity growth.",
    "Subject areas covered include Commodity markets, Competition, Labor productivity, Productivity, Total factor productivity.",
    "Product-market reforms can be an effective policy lever to increase competition and thus foster firm-level productivity growth.",
    "Policy emphasis on reducing barriers to competition is likely to contribute meaningfully to measured productivity gains (estimated contribution around 12-15 percent from reforms-related competition).",
    "**_wp1067 - References**"
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