Entry, Innovation and Productivity Growth

Paul Geroski

The Review of Economics and Statistics, 1989, vol. 71, issue 4, 572-78

Abstract: This paper examines the effect of entry and innovative activity on total factor productivity growth. Using a sample of seventy-nine industries in the United Kingdom, 1976-79, significant effects are observed that persist over time, with innovative activity accounting for a larger positive effect on total factor productivity growth than domestic entry. Foreign entry has little apparent effect on productivity growth. Copyright 1989 by MIT Press.

Date: 1989
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