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. 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 …, increasing openness to international trade and foreign direct investment and improving the regulatory framework in network …
Persistent link: https://www.econbiz.de/10012444204
countries and industries and have evolved differently over time. We argue that differences in regulation have played an …
Persistent link: https://www.econbiz.de/10013112507
. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …
Persistent link: https://www.econbiz.de/10009230693
assessment considers three categories of barriers to entry namely, access to facilities, the slow pace of regulation and …, there is still a long way to go. The research finds that entry has a positive impact on competition outcomes and that there … there is considerable scope the incumbent operators' market power, including through stronger regulation of network open …
Persistent link: https://www.econbiz.de/10012979676
-level outcomes for five network industries (electricity and gas, land transport, air transport, postal services, and … barriers to entry yield large increases in output and labor productivity over a five-year horizon, concomitant with a relative …
Persistent link: https://www.econbiz.de/10012977853
, particularly in professional services. In network industries, competition has largely been absent in the electricity sector. While …This paper examines the strength of product market competition and economic performance in Canada and discusses way in … which the institutional framework governing competition policy could be improved. Competitive forces are comparatively …
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 … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
competition is important for promoting economic growth. Recognising the benefits of competition, the government wants to introduce … regulatory reforms to stimulate economic growth. However, the promotion of competition has often conflicted with other policy … competition in a number of sectors, resulting in high prices, weak innovative activity and inefficient resource allocation …
Persistent link: https://www.econbiz.de/10012444401
’s recent approach to planning has made new large scale entry very difficult, impeding competition and inhibiting entry …This paper assesses what role product market competition and regulatory reforms may have played in the performance of … regulations inhibiting competition and barriers to trade amongst the lowest in the OECD. Nevertheless, there is scope for …
Persistent link: https://www.econbiz.de/10012446749
The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for remittances with their effect on economic activity. Because...
Persistent link: https://www.econbiz.de/10013317778