TY  - JOUR
AU  - Okada,Yosuke
TI  - Competition and Productivity in Japanese Manufacturing Industries
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 11540
PY  - 2005
Y2  - August 2005
UR  - http://www.nber.org/papers/w11540
L1  - http://www.nber.org/papers/w11540.pdf
N1  - Author contact info:
Yosuke Okada
Hitotsubashi University
Grad. School of Economics
Naka 2-1, Kunitachi
Tokyo 186-8601  JAPAN
E-Mail: yookada@econ.hit-u.ac.jp
M2  - featured in NBER digest on 2005-08-08
AB  - This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in Japanese manufacturing for the years 1994-2000, I show that competition, as measured by lower level of industrial price-cost margin, enhances productivity growth, controlling for a broad range of industrial and firm-specific characteristics. Moreover, I suggest that market power, as measured by either individual firm%u2019s price-cost margin or market share, has negative impact on productivity level of R&D performing firms.
ER  -