Journal article: Which Companies Benefit from Liberalization?


In a recent journal article in Springer - "Which Companies Benefit from Liberalization? a Study of the Influence of Initial Productivity" - CBS Economics Department researchers Lisbeth Funding la Cour and Cedric Schneider and colleague Delia Baghdasaryan argue that theoretical research research shows that competition has positive effects on productivity, for companies that are initially efficient, but not for unproductive firms. Their empirical analysis on a panel data of Czech companies, years 1995–2004, confirms this result. In addition, their analysis shows that when economic reforms affect both domestic and foreign competition, controlling for domestic competition is crucial when assessing the impact of trade liberalization. Otherwise, the effect of trade liberalization on firm productivity is upward biased.

Find link to the journal article in Springer here




The page was last edited by: Department of Economics // 11/17/2015