scholarly journals LABOR'S SHARE, THE FIRM'S MARKET POWER, AND TOTAL FACTOR PRODUCTIVITY

2018 ◽  
Vol 56 (4) ◽  
pp. 2058-2076 ◽  
Author(s):  
Robert Dixon ◽  
Guay C. Lim
Keyword(s):  
Market Power ◽  
Total Factor Productivity ◽  
Factor Productivity ◽  
Labor's Share

scholarly journals Effect of International Competition on Firm Productivity and Market Power

2018 ◽  
pp. 462-492
Author(s):  
Jan De Loecker ◽  
Johannes Van Biesebroeck
Keyword(s):  
Market Power ◽  
Total Factor Productivity ◽  
Productive Efficiency ◽  
International Competition ◽  
Future Research ◽  
Extensive Margin ◽  
Demand Side ◽  
Factor Productivity ◽  
Relevant Market ◽  
Potential Impact

This chapter proposes a framework to evaluate the potential impact of international competition on firm performance and highlights two points. First, it is important to consider effects on productive efficiency and market power in an integrated framework. The popular concept of (revenue) total factor productivity (TFP) combines both effects, which can lead to problems of estimation and interpretation. Second, greater international competition enlarges the relevant market and can affect both the number and the type of competitors a firm faces, as well as the nature of competition. While it is possible that firms respond by adjusting their production operations, pricing adjustments are all but guaranteed. The chapter contrasts three estimation approaches that start, respectively, from the demand side, the product extensive margin, and the production side. It concludes with a few avenues for future research.

An Analysis of Total Factor Productivity, Factor demand, and Profit of India’s Agriculture

2015 ◽  
Vol 6 (2) ◽  
pp. 360-370
Author(s):  
Sharmistha Nag ◽  
Debarpita Roy ◽  
Laxmi Joshi ◽  
P. C. Parida ◽  
Hari K. Nagarajan
Keyword(s):  
Total Factor Productivity ◽  
Factor Productivity ◽  
Factor Demand ◽  
Productivity Factor
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