Arbeitspapier
Competition Policy and Productivity Growth: An Empirical Assessment
This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor Productivity (TFP) growth for 22 industries in 12 OECD countries over the period 1995-2005. We ?nd a robust positive and signi?cant effect of competition policy asmeasured by newly created indexes. We provide several arguments and results based on instrumental variables estimators as well as non-linearities to support the claim that the established link can be interpreted in a causal way. At a disaggregated level, the effect on TFP growth is particularly strong for speci?c aspects of competition policy related to its institutional setup and antitrust activities (rather than merger control). The effect is strengthened by good legal systems, suggesting complementarities between competition policy and the ef?ciency of law enforcement institutions.
- Sprache
-
Englisch
- Erschienen in
-
Series: SFB/TR 15 Discussion Paper ; No. 283
- Klassifikation
-
Wirtschaft
- Thema
-
Competition Policy
Productivity Growth
Institutions
Deterrence
OECD
Wettbewerbspolitik
Kartellrecht
Unternehmenserfolg
Produktivität
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Buccirossi, Paolo
Ciari, Lorenzo
Duso, Tomaso
Spagnolo, Giancarlo
Vitale, Cristiana
- Ereignis
-
Veröffentlichung
- (wer)
-
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
- (wo)
-
München
- (wann)
-
2009
- DOI
-
doi:10.5282/ubm/epub.13271
- Handle
- URN
-
urn:nbn:de:bvb:19-epub-13271-4
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Buccirossi, Paolo
- Ciari, Lorenzo
- Duso, Tomaso
- Spagnolo, Giancarlo
- Vitale, Cristiana
- Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Entstanden
- 2009
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