Abstract
Does competition spur productivity? And if so, how does it accomplish this? These have long been regarded as central questions in economics. This article reviews the literature that makes progress toward answering both questions.
Original language | English (US) |
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Pages (from-to) | 619-642 |
Number of pages | 24 |
Journal | Annual Review of Economics |
Volume | 2 |
DOIs | |
State | Published - 2010 |
Keywords
- Innovation
- Market power
- Monopoly