Import Competition, Productivity, and Restructuring in UK Manufacturing

Chiara Criscuolo

Oxford Review of Economic Policy, 2004, vol. 20, issue 3, 393-408

Abstract: We discuss the literature on the importance of entry and exit for raising productivity growth. Using micro data for the UK for a period from 1980 to 2000, we find that the share of productivity growth accounted for by entry and exit has increased considerably: from around 25 per cent in the 1980s to around 50 per cent in the 1990s. We then ask to what extent increased globalization--measured as sectoral import penetration--might have explained this and find effects from both globalization and information and communication technology. Copyright 2004, Oxford University Press.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:oup:oxford:v:20:y:2004:i:3:p:393-408

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