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Do large firms generate positive productivity spillovers?


The potentially negative effects of market concentration on consumers and workers has received much attention, but Mary Amiti, Cédric Duprez, Jozef Konings and John Van Reenen find that big firms can also promote productivity in the wider economy. Analysing data from Belgium, they find that being global is not necessary for such benefits, with large domestic firms generating spillovers of the same magnitude as multinationals.


Mary Amiti, Cedric Duprez, Jozef Konings and John Van Reenen

20 February 2024     Paper Number CEPCP677

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This work is published under POID and the CEP's Growth programme.

This publication comes under the following CEP theme: Management practices and productivity