downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic … performance of the country. We try to document the importance of this link between competition problems and growth by analysing … from competition problems perform worse in terms of net exports, export growth and output growth. …

competition, Bertrand and Cournot oligopoly) international competition forces the national government to subsidize innovation. The …

In this article, we review the literature on the measurement of trade costs in international trade with a special …

mysterious doubling in the ratio of output to capital input when the postwar era is compared with 1870-1929. Measurement … the measurement of capital. A new MFP series taking account of all these adjustments grows more slowly throughout, and the …

microfoundations, the welfare consequences of rent seeking can be studied. In particular, I show that competition among rent seekers …

that competition does not guarantee that exchanges choose welfare maximizing trading rules. In some cases, welfare is …

This Paper introduces optimal competition: the best form of competition in an industry that a competition authority can … competition outcome in an industry becomes more competitive as more money is spent in the industry, as the competition authority … puts less weight on producer surplus and more weight on employment. The relation between competition and entry costs is U …