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This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor Productivity (TFP) growth for 22 industries in 12 OECD countries over the period 1995-2005. We find a robust positive and significant effect of competition policy as measured by...
Persistent link: https://www.econbiz.de/10010305862
, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where …
Persistent link: https://www.econbiz.de/10010307089
leniency given to those who report their infraction (deterrence regime). Another local optimum is achieved if the government …
Persistent link: https://www.econbiz.de/10010307887
of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when … punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …
Persistent link: https://www.econbiz.de/10011350821
This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor Productivity (TFP) growth for 22 industries in 12 OECD countries over the period 1995-2005. We ?nd a robust positive and signi?cant effect of competition policy asmeasured by...
Persistent link: https://www.econbiz.de/10010333729
This paper provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the … deterrence: 1) sanctions and damages; 2) financial and human resources; 3) powers during the investigation; 4) quality of the law …; 5) independence; and 6) separation of power. We then discuss how to measure deterrence. We review the literature that …
Persistent link: https://www.econbiz.de/10010333768
, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where …
Persistent link: https://www.econbiz.de/10010333910
Die Marineoperation im Golf von Aden hat auch im vergangenen Jahr das Ausmaß der Piraterie vor den Küsten Somalias nicht entscheidend verringern können. Neben einer sich extrem schwierig gestaltenden Strafverfolgung führt vor allem die Größe des betroffenen Seegebiets dazu, dass Piraten...
Persistent link: https://www.econbiz.de/10011602305
In most jurisdictions, antitrust fines are based on affected commerce rather than on collusive profits, and in some others, caps on fines are introduced based on total firm sales rather than on affected commerce. We uncover a number of distortions that these policies generate, propose simple...
Persistent link: https://www.econbiz.de/10012110649
convictions is consistent with both reduced deterrence or improved detection. We map the evolution of the Chinese anti …-corruption legislation, collect data on corruption cases for the period 1986-2010, and apply a new method to identify deterrence effects from … specific assumptions also with increased deterrence. To resolve this ambiguity, we collect and analyze a random sample of case …
Persistent link: https://www.econbiz.de/10012110661