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dc.contributor.authorROGERS, MARKen_US
dc.date.accessioned2014-05-22T10:03:23Z
dc.date.available2014-05-22T10:03:23Z
dc.date.issued2003-07en_US
dc.date.submitted2003-07-29en_US
dc.identifier.citationRogers, Mark (2003) Competition, agency and productivity.en_US
dc.identifier.isbn0734031335en_US
dc.identifier.issn1328-4991en_US
dc.identifier.issn1447-5863en_US
dc.identifier.urihttp://hdl.handle.net/11343/33751
dc.descriptionISBN 0734031335 ISSN 1328-4991 (Print) ISSN 1447-5863 (Online) MIWP No. 20/03en_US
dc.description.abstractThis paper tests a set of hypotheses relating to agency and Schumpeterian views on how competition affects performance. A survey data set of Australian workplaces is used, with the change in labour productivity growth as the dependent variable. The results show strong support for the idea that intense competition raises productivity growth in managerial workplaces, but not in non-managerial workplaces (i.e. where the principal owner also works). Testing the agency theories in more detail we find no evidence that the number of competitors, the price elasticity of demand or a proxy for bankruptcy (pre-tax losses) are the mechanisms behind the process. For nonmanagerial workplaces the results indicate support for the idea that greater demand uncertainty reduces productivity growth. In contrast, for managerial workplaces greater demand uncertainty tends to raise productivity growthen_US
dc.formatapplication/pdfen_US
dc.languageengen_US
dc.relation.isversionofhttp://www1.ecom.unimelb.edu.au/iaesrwww/wp/wp2003n20.pdfen_US
dc.subjectCompetitionen_US
dc.subjectagencyen_US
dc.subjectSchumpeterianen_US
dc.subjectproductivity J.E.L. classification: L1: market structureen_US
dc.subjectfirm strategyen_US
dc.subjectand market performanceen_US
dc.titleCompetition, agency and productivityen_US
dc.typePreprinten_US
melbourne.peerreviewNon Peer Revieweden_US
melbourne.affiliation.departmentEconomics and Commerce: Melbourne Institute of Applied Economic and Social Researchen_US
melbourne.source.month07en_US
melbourne.elementsidNA
melbourne.contributor.authorROGERS, MARK
melbourne.accessrightsOpen Access


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