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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

Abstract: 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
Date: 2014-10
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:reswpp:201410-269

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