The main objective of this paper is to analyze the links between product market competition, innovation and growth. In … flow increases the positive effect of competition on innovation and growth while the technology information flow has a … negative effect. We also decompose the overall effect of competition as the sum of two opposite effects: a negative level …

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 …

. 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 …

The OECD Growth Study and other empirical work have shown that the strength of competition in product markets plays an … sense. More intense competition is likely to encourage stronger efforts of managers to improve efficiency and induce higher … economic reforms. Attention is then turned to indicators of product market competition to gauge the strength of competitive …

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 …