Staff Report 439

Competition and Productivity: A Review of Evidence

James A. Schmitz, Jr. | Senior Research Economist
Thomas J. Holmes | University of Minnesota, Federal Reserve Bank of Minneapolis

Published February 24, 2010

Does competition spur productivity? And if so, how does it do so? These have long been regarded as central questions in economics. This essay reviews the literature that makes progress toward answering both questions.

Published In: Annual Review of Economics (Vol. 2, September 2010, pp. 619-642)

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