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Competition and Productivity Growth in South Africa

Philippe Aghion, Matias Braun, and Johannes Fedderke
Publication date
August 2007
Using three different panel data sets, we show: (i) that mark-ups are significantly higher in South African manufacturing industries than they are in corresponding industries worldwide; (ii) that competition policy (i.e a reduction of mark-ups) should have largely positive effects on productivity growth in South Africa.
Publication PDF
Series title
Working Paper 054
2008, Economics of Transition, 16(4), 741-768