Competition, Ownership and Productivity: A Panel Analysis of Czech Firms

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Competition, Ownership and Productivity: A Panel Analysis of Czech Firms

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dc.contributor.author Baghdasaryan, Delia en_US
dc.contributor.author la Cour, Lisbeth en_US
dc.date.accessioned 2009-02-04T10:28:00Z
dc.date.available 2009-02-04T10:28:00Z
dc.date.issued 2009-01-21T00:00:00Z en_US
dc.identifier.uri http://hdl.handle.net/10398/7660
dc.description.abstract This study empirically investigates if competition’s impact on firm performance depends on the ownership structure. Our results show that an increase in import competition has a positive effect on firms with concentrated ownership and a negative effect on firms with dispersed ownership, regardless of the level of domestic competition. Given that the optimal level of ownership concentration with respect to firm productivity is high (low) if tariffs are low (high) in the case when import competition is high these results are consistent with theoretical findings that competition has positive effects in companies that are a priori efficient but not in unproductive firms. If tariffs are high, however, they support inferences based on the x-inefficiency literature. Contrary to what has been suggested by some theoretical results, the riskiness of a firm’s environment does not seem to influence our results. en_US
dc.format.extent 20 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2009-01 en_US
dc.title Competition, Ownership and Productivity: A Panel Analysis of Czech Firms en_US
dc.type wp en_US
dc.accessionstatus modt09jan21 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Nationaløkonomi en_US
dc.contributor.departmentshort ECON en_US
dc.contributor.departmentuk Department of Economics en_US
dc.contributor.departmentukshort ECO en_US
dc.idnumber x656559038 en_US
dc.publisher.city København en_US
dc.publisher.year 2009 en_US


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