OECD Economics Department Working Papers

ISSN :
1815-1973 (online)
DOI :
10.1787/18151973
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Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

 

Competition, Innovation and Productivity Growth

A Review of Theory and Evidence You or your institution have access to this content

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Author(s):
Sanghoon Ahn
Publication Date
17 Jan 2002
Bibliographic information
No.:
317
Pages
78
DOI
10.1787/182144868160

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This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed static gains observed in the short run since firms will continue to innovate in ways they would not have under regulation. By taking a dynamic perspective on competition and efficiency, one can also understand better the new modes of competition observed in "dynamically competitive" industries. This paper also attempts to cover some of relatively new research areas including: i) measuring welfare gains from product innovation; ii) competition and efficiency in e-commerce, education, and health care; and iii) interactions between product- and factor-market competition ...

Keywords:
competition, growth, innovation, market structure, regulatory reforms, productivity
JEL Classification:
  • D40: Microeconomics / Market Structure and Pricing / General
  • L10: Industrial Organization / Market Structure, Firm Strategy, and Market Performance / General
  • O30: Economic Development, Technological Change, and Growth / Technological Change; Research and Development; Intellectual Property Rights / General
  • O40: Economic Development, Technological Change, and Growth / Economic Growth and Aggregate Productivity / General