Competition and productivity: A review of evidence

Thomas J. Holmes, James A. Schmitz

Research output: Contribution to journalReview articlepeer-review

66 Scopus citations

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 languageEnglish (US)
Pages (from-to)619-642
Number of pages24
JournalAnnual Review of Economics
Volume2
DOIs
StatePublished - 2010

Keywords

  • Innovation
  • Market power
  • Monopoly

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