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 find a robust positive and significant effect of competition policy as measured by newly created indexes. We provide several arguments and results based on instrumental variables estimators and 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 specific aspects of competition policy related to its institutional set up and antitrust activities (rather than merger control). The effect is strengthened by good legal systems, suggesting complementarities between competition policy and the efficiency of law enforcement institutions.
- Sprache
-
Englisch
- Erschienen in
-
Series: DICE Discussion Paper ; No. 22
- Klassifikation
-
Wirtschaft
Antitrust Law
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
- Thema
-
Competition Policy
Productivity Growth
TFP
Institutions
Deterrence
OECD
Wettbewerbspolitik
Kartellrecht
Unternehmensentwicklung
Produktivität
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Buccirossi, Paolo
Ciari, Lorenzo
Duso, Tomaso
Spagnolo, Giancarlo
Vitale, Cristiana
- Ereignis
-
Veröffentlichung
- (wer)
-
Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
- (wo)
-
Düsseldorf
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 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
- Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
Entstanden
- 2011
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