Since the early 1990s numerous countries
have adopted or strengthened competition legislation. Kee
and Hoekman investigate the impact of competition law on
industry markups over time and across a large number of
countries. They find both domestic and foreign competition
to be major sources of market discipline in concentrated
markets, but that the direct effect of competition law is
insignificant. However, once allowance is made for the
endogeneity of both domestic competiton (number of firms)
and the adoption of a competition law, the authors find that
competition laws have an indirect effect on equilibrium
markups by promoting a larger number of domestic firms.
Bibliographic Details
| Main Authors: |
Kee, Hiau Looi,
Hoekman, Bernard |
|---|
| Format: | Policy Research Working Paper
biblioteca
|
|---|
| Language: | English
en_US |
|---|
| Published: |
World Bank, Washington, DC
2003-04
|
|---|
| Subjects: | BARRIERS TO ENTRY,
CARTELS,
COMMERCIAL POLICY,
COMPETITION LAW,
COMPETITION POLICY,
COMPLIANCE COSTS,
CONSTANT RETURNS TO SCALE,
CONSTRUCTION,
CONTESTABILITY,
DECISION MAKERS,
DECISION MAKING,
DEMAND ELASTICITY,
DEVELOPMENT ECONOMICS,
DOMESTIC MARKET,
ECONOMIC DEVELOPMENT,
ECONOMICS RESEARCH,
ECONOMISTS,
ELASTICITY,
EMPIRICAL ANALYSIS,
EQUILIBRIUM,
EXOGENOUS VARIABLES,
EXPORTS,
EXTERNALITIES,
FAIR TRADE,
FIXED COSTS,
FOREIGN COMPETITION,
FREE TRADE,
GDP,
GDP PER CAPITA,
GROWTH RATE,
IMPERFECT COMPETITION,
IMPORTS,
INTERMEDIATE INPUTS,
INTERNATIONAL TRADE,
ITC,
LABOR COSTS,
LEGISLATION,
MARGINAL COST,
MARGINAL COST OF PRODUCTION,
MARGINAL COSTS,
MARKET POWER,
MARKET STRUCTURE,
MERGERS,
MONOPOLIES,
POLICY ENVIRONMENT,
POLITICAL ECONOMY,
PRICE COMPETITION,
PRICE ELASTICITY,
PRICE ELASTICITY OF DEMAND,
PRICE FIXING,
PRODUCTION FUNCTION,
PRODUCTION FUNCTIONS,
PRODUCTIVITY,
PRODUCTIVITY GROWTH,
PROFIT MAXIMIZATION,
SALES,
SCIENTIFIC INSTRUMENTS,
STRUCTURAL CHANGE,
TELECOMMUNICATIONS,
TELECOMMUNICATIONS EQUIPMENT,
TIME SERIES,
TOTAL REVENUE,
TOTAL SALES,
TRADE BARRIERS,
TRADE LIBERALIZATION,
VALUE ADDED,
WTO IMPORTS,
MARKET EQUILIBRIUM,
INDUSTRY,
LEGAL FORMS,
LEGISLATIVE ASSEMBLIES,
ADMINISTRATIVE COSTS,
POLICY OBJECTIVES,
MARKET COMPETITION,
LABOR STATISTICS,
INDUSTRIAL COMPETITION,
WTO, |
|---|
| Online Access: | http://documents.worldbank.org/curated/en/2003/04/2329624/imports-entry-competition-law-market-disciplines
http://hdl.handle.net/10986/18266
|
|---|
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
|---|
