Year 2013,
Volume: 5 Issue: 1, 33 - 43, 01.06.2013
Abstract
Enforcement of competition law can promote economic development in
developing countries. Competition law can stimulate economic development
through its impact on intensity of competition and through a signaling effect to
investors and entrepreneurs. There is evidence that a country that has enacted and
applied a competition law has on average a higher GDP per capita than a country
without a competition law. This quantitative impact is half as large as the impact
of an institutional variable such as rule of law. The characteristics of competition
law also matter. De facto independence of the competition agencies and the
substantive contents of the law matter for economic development.
References
- Acemoglu, Daron, Simon Johnson and James A. Robinson (2001), "The Colonial
- Origins of Comparative Development: An Empirical Investigation", American Economic Review, Vol.91, No.5, pp.1369-1401.
- Freund, Caroline and Bineswaree Bolaky (2008), “Trade, Regulations and Income”, Journal of Development Economics, Vol. 87, No. 2, pp.309-321.
- Krakowski, Michael (2005), "Competition Policy Works: The Effect of
- Competition Policy on the Intensity of Competition- An International Cross- Country Comparison", Hamburg Institute of International Economics (HWWA) Discussion Paper 332. Hamburg: HWWA. Sala-i-Martin Xavier, Gernot Doppelhofer and Ronald I. Miller (2004),
- "Determinants Of Long-Term Growth: A Bayesian Averaging Of Classical Estimates (BACE) Approach", American Economic Review, Vol. 94, No.4, pp. 835. Szirmai, Adam (2009) "Industrialisation as An Engine of Growth in Developing
- Countries", UNU-MERIT Working Paper Series 010, United Nations University, Maastricht Economic and Social Research and Training Centre on Innovation and Technology. Maastricht:UNU. Voigt, Stefan (2006), "The Economic Effects of Competition Policy- Cross
- Country Evidence Using Four New Indicators", International Center for Economic Research (ICER) Working Paper 20. Torino: ICER.
Year 2013,
Volume: 5 Issue: 1, 33 - 43, 01.06.2013
Abstract
References
- Acemoglu, Daron, Simon Johnson and James A. Robinson (2001), "The Colonial
- Origins of Comparative Development: An Empirical Investigation", American Economic Review, Vol.91, No.5, pp.1369-1401.
- Freund, Caroline and Bineswaree Bolaky (2008), “Trade, Regulations and Income”, Journal of Development Economics, Vol. 87, No. 2, pp.309-321.
- Krakowski, Michael (2005), "Competition Policy Works: The Effect of
- Competition Policy on the Intensity of Competition- An International Cross- Country Comparison", Hamburg Institute of International Economics (HWWA) Discussion Paper 332. Hamburg: HWWA. Sala-i-Martin Xavier, Gernot Doppelhofer and Ronald I. Miller (2004),
- "Determinants Of Long-Term Growth: A Bayesian Averaging Of Classical Estimates (BACE) Approach", American Economic Review, Vol. 94, No.4, pp. 835. Szirmai, Adam (2009) "Industrialisation as An Engine of Growth in Developing
- Countries", UNU-MERIT Working Paper Series 010, United Nations University, Maastricht Economic and Social Research and Training Centre on Innovation and Technology. Maastricht:UNU. Voigt, Stefan (2006), "The Economic Effects of Competition Policy- Cross
- Country Evidence Using Four New Indicators", International Center for Economic Research (ICER) Working Paper 20. Torino: ICER.
There are 8 citations in total.
Details
| Other ID | JA46NF39ZH |
|---|---|
| Journal Section | Articles |
| Authors | |
| Publication Date | June 1, 2013 |
| Published in Issue | Year 2013 Volume: 5 Issue: 1 |