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How should economists interpret current trade wars and the recent U.S. trade actions that have initiated them? This paper offers an interpretation of current U.S. trade actions that is at once more charitable and less forgiving than that typically offered by economic commentators. More...
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competition across 1,800 municipalities and matches it with establishment census panel data to estimate the impact on … result of legal reforms that strengthened the mandate of Peru's competition authority. Legislative changes in 2013 …/14 empowered the competition authority to enforce the elimination of illegal, sector-specific subnational regulatory barriers to …
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the implications for competition and economic growth. The results show that the (sales-weighted) average markup in Romania … environment that is less conducive to competition. A decomposition exercise shows that the increase in aggregate markups has been … ownership. Further, the paper shows that additional productivity dividends are associated with increased competition in Romania …
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