Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term … competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy … advice. Furthermore, aggregate statistical measures of competitiveness in terms of exchange rate misalignment can be biased …

evolution of Ireland’s competitiveness over the same period. Changes in expectations of the currency’s devaluation can be … to exceed investors’ realignment expectations at that time as well as the loss of Irish competitiveness since the …

As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …

power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …

We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … exerting a positive effect on competition. These results suggest that incumbent firms are likely to enjoy the rent and market …

Does greater product market competition improve external competitiveness and growth? This paper examines this question … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a … signficant increase in real GDP per capita growth rate, achieved mainly through an improvement in export competitiveness and …