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This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area. The determinants of this outcome seem...
Persistent link: https://www.econbiz.de/10011276887
patterns of firm entry, exit, survival and employment growth are described and analysed across countries, sectors, and over … entry and exit rates are fairly similar across countries, while post entry performance differ markedly between Europe and … the US, a potential indication of the importance of barriers to firm growth as opposed to barriers to entry. Further, the …
Persistent link: https://www.econbiz.de/10005045880
This paper examines problems of entry, exit and competition in Ukrainian product markets. It finds that Ukraine still … has too little of all three, and that exit mechanisms, in particular, function poorly. Since impediments to entry and exit …
Persistent link: https://www.econbiz.de/10005045917
The impressive emergence of China’s economy is set to lose some momentum as the country catches up with more advanced economies and its rapid ageing also weighs on it. However, China can still reap the “reform dividend”, especially with measures to keep up the sustained growth of...
Persistent link: https://www.econbiz.de/10013278668
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate high concentration in many markets, and preventing...
Persistent link: https://www.econbiz.de/10012442998
incumbents; iii) only in a few cases new entrant airlines play a significant role; iv) in a large number of airports, a single …
Persistent link: https://www.econbiz.de/10012443072
productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing …
Persistent link: https://www.econbiz.de/10012443921
restrictions on foreign ownership than almost any other OECD country, notably in airlines, telecommunications and broadcasting, and …
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 of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046
Russia in 2003 embarked on the restructuring of its electricity sector. The reform is intended to introduce competition into electricity production and supply, leaving dispatch, transmission and distribution as regulated natural monopolies with non-discriminatory third-party access to the...
Persistent link: https://www.econbiz.de/10012444056