CEU Electronic Theses and Dissertations, 2008
| Author | Papiashvili, Nino |
|---|---|
| Title | Does Competition Affect Firm Performance? Evidence from Georgian Panel Data |
| Summary | The following paper tries to find out the causal relationship between competition and firm productivity in Georgia. The research is based on five year panel data of Georgian firms operating in manufacturing industry. The results of the research are as follows: The negative and significant relationship is found between foreign competition (measured as import penetration ratio) and firm productivity. In addition the results suggest that negative effect of import penetration is fiercer in privately owned firms compared to those under state ownership. On top of it the effect of foreign competition on firm performance was found to be non-monotonic: positive and significant at lower levels of competition and negative and significant for higher levels of competition. No significant effect of domestic market concentration was found on firm performance when competition was defined at national level, though positive effect was observed when defined at regional level for food manufacturing industry. |
| Supervisor | Telegdy Almos |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2008/papiashvili_nino.pdf |
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