Revue de l'OFCE
Presses de Sc. Po.

I.S.B.N.2-7246-3066-1
400 pages

p. 259 à 278
doi: en cours

Veille sur la revue
Veille sur l'auteur
Vous consultez

New Directions in Productivity Analysis

no 97 bis 2006/5

On Entry and Growth: Theory and Evidence

Philippe Aghion Evguenia Bessonova
This paper analyzes the relationship between the entry of new firms and the innovation and productivity growth within existing firms. In particular, we argue that liberalizing entry has a boosting effect on innovation and growth in those existing enterprises that are the most productive prior to the liberalisation, whereas it discourages them in the least productive firms. This prediction is confronted to firm-level panel data from the UK, India and especially Russia over the period 1996-2002.
JEL Classification: O11, O12, O30, O31, O32, O40.Keywords : entry, growth, productivity, foreign investment.
• Introduction
• A simple growth model with entry
— The argument
— The theory
— Main theoretical predictions
• Entry and growth in the UK
• The Indian liberalization experiment
• Entry and Growth in Russia
— Data
— Empirical specification
— Regression results
• Conclusion
• References


© Cairn.info 2009 Vie privée | Conditions d’utilisation | Conditions générales de vente
Cairn.info | Éditeurs | Bibliothèques | Aide à la navigation | Plan du site | Raccourcis