International competition and firm performance: Evidence from Belgium
Jan De Loecker (),
Catherine Fuss () and
Johannes Van Biesebroeck ()
No 269, Working Paper Research from National Bank of Belgium
We evaluate the impact of international competition on firm-level perfor- mance in Belgium. In the manufacturing sector we consider both the impact of global competition through measures of import penetration and the impact of within-EU competitiveness using measures of relative labor cost. In selected manufacturing sectors we identify the strength of international competition through a firm's proximity to the border. In both instances, we consider the impact on a variety of performance dimensions to learn about the mechanisms and about firms' adjustment to these competitive pressures
Keywords: Efficiency; Markup; Competition, Import penetration (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-com, nep-cse, nep-eff and nep-int
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Working Paper: International competition and firm performance: evidence from Belgium (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:reswpp:201410-269
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