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Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has … medium-sized enterprises (SMEs) and entrepreneurship, and limited competition in major non-tradable sectors, problems which … have sometimes become worse in recent years. Under these conditions, many SMEs find it hard to leave semi-informality and …
Persistent link: https://www.econbiz.de/10010375397
Over the past decade, France has substantially eased the burden of anti-competitive regulations and effectively enforced competition law against anti-competitive practices. Various sectors have been opened up more widely to competition, and the powers of the Competition Authority have been...
Persistent link: https://www.econbiz.de/10011399704
Reviews the various articles of the IIR2001, and lays out the theme of having the appropriate market structure and regulation in various sectors of physical infrastructure including electricity, telecom, water and sewage, transportation and energy
Persistent link: https://www.econbiz.de/10013097600
affect employment, profitability, productivity and innovation; however, this is more so the case for downstream industries or …
Persistent link: https://www.econbiz.de/10012926498
Using the overcharge estimates for 406 cartel episodes, I evaluate the impact of cartel characteristics and market environment on the size of the overcharges imposed by cartels in different geographic markets and during six antitrust law regimes starting from the 18th century. I find that the...
Persistent link: https://www.econbiz.de/10012732885
In this essay we evaluate the impact of the revolution that has occurred in antitrust and in particular the growing role played by economic analysis. Section II describes exactly what we think that revolution was. There were actually two revolutions. The first was the use by economists and other...
Persistent link: https://www.econbiz.de/10012827145
This paper evaluates the recent literature claiming that the US economy has generally become less competitive causing the US economy to perform poorly and that lax antitrust policy is one important reason for the decline in economic performance. Although there certainly are empirical facts...
Persistent link: https://www.econbiz.de/10012829706
Based on 18 country reviews performed over the 2003-2005 period, this paper examines, the cross-country differences in policy approaches to product market competition and their consequences for product market rents. Against this background, the paper summarises OECD recommendations to further...
Persistent link: https://www.econbiz.de/10012444213
Using the data on 238 cartelized markets we evaluate econometrically the impact of cartel characteristics as well the market and legal environment of cartel operation on cartel stability. The latter is measured as the expected number of repeated attempts to form a cartel in the same product...
Persistent link: https://www.econbiz.de/10014055138
, negatively affecting productivity and growth. Some of these barriers are necessary, but others may go beyond what is needed to …
Persistent link: https://www.econbiz.de/10014435849