Productivity and competition - oft887
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Industrial Productivity Scenario: An Evaluation of Industrial Estate at Vitthal Udyognagar in Anand District of Gujarat state, India
In the present age of cut-throat competition, it becomes highly necessary for an organization to be dynamic in the globalization era. This is possible only when the employees, employers and organizations are capable enough to cope up with the changing world scenario. In the rapidly changing environment, ‘human being’ is the most important and valuable resource to play vital role in every or...
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The body of research linking competition and productivity has been growing in recent years and there appears to be a strong positive association. This chapter sets out the economic evidence in support of the thesis that strong competition supports productivity gains by encouraging innovation activity, more efficient business practices and technological diffusion. By way of example, the chapter ...
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A startling fact of firm level productivity analysis is the large and persistent differences in both labour productivity and total factor productivity (TFP) between firms in narrowly defined sectoral classes. The competitiveness of an industry is potentially an important factor explaining this productivity dispersion. The degree of competition has also implications for the measurement of TFP at...
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James A. Schmitz (2005) documents, in a well-known case study, a dramatic rise in productivity in the U.S. and Canadian iron-ore industry following an increase in competition from Brazil. Prior to the increased competition, the industry was not competitive. Surplus in profits was divided between business and unions. Schmitz attributes the increase in productivity to a change in work practices i...
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