Does competition spur innovation? Evidence from labor productivity data for the banking industry

Giovanni Alberto Tabacco

Economics Letters, 2015, vol. 132, issue C, 45-47

Abstract: In this article, I address a research question that bears crucial policy implications and on which economic theory provides controversial conclusions: does innovation emerge from competition? I provide econometric evidence for the EU banking industry, that intensity of price competition does not affect innovation. Results hold across various estimation methods.

Keywords: Competition; Innovation; Labor productivity (search for similar items in EconPapers)
JEL-codes: G21 L11 O31 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176515001718
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:132:y:2015:i:c:p:45-47

DOI: 10.1016/j.econlet.2015.04.020

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().