Showing 1 - 10 of 42
This paper develops a multi-agent dynamic model of the commercial aircraft industry and then uses that model to analyze industry pricing, industry performance, and optimal industry policy. In the model, firms are differentiated in their products and cost structure, and entry, exit, prices, and...
Persistent link: https://www.econbiz.de/10013218087
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This paper discusses the current state of product market competition in Iceland, including the legal and regulatory … competition law since the early 1990s have strengthened competitive forces in many sectors of the economy, and proposed amendments … have helped vigorous competition to develop in most segments, but there remain problems in pricing of access to the local …
Persistent link: https://www.econbiz.de/10012442998
This paper examines the strength of product market competition and economic performance in Canada and discusses way in … which the institutional framework governing competition policy could be improved. Competitive forces are comparatively … strong and administrative and economic regulations inhibiting competition are amongst the lowest in the OECD countries …
Persistent link: https://www.econbiz.de/10012444013
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
policies, a number of challenges remain. Although there are few sectors of the economy from which competition policy and law … competition enforcement. Intellectual property rights create special challenges for competition policy and some problems have … setbacks, reflecting both the difficulties in ensuring competition in such industries and policy mistakes. …
Persistent link: https://www.econbiz.de/10012444089
. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken … competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy …
Persistent link: https://www.econbiz.de/10012444204
endemically weak domestic competition, though the country’s relatively low productivity among domestic business likely signals … some sheltering from international competition. The generally healthy level of competition is partly because competition … the competition authority. And, it is suggested that sanctions against individuals in hard-core cartel cases are …
Persistent link: https://www.econbiz.de/10012444274
competition is important for promoting economic growth. Recognising the benefits of competition, the government wants to introduce … regulatory reforms to stimulate economic growth. However, the promotion of competition has often conflicted with other policy … competition in a number of sectors, resulting in high prices, weak innovative activity and inefficient resource allocation …
Persistent link: https://www.econbiz.de/10012444401