The OECD Competition Committee debated competition and efficient usage of payment cards in June 2006. This document includes an executive summary and the documents from the meeting: an analytical note by the OECD and written submissions: Australia, Denmark, Finland, the European Commission,...

The OECD Competition Committee debated Dynamic Efficiencies in Merger Analysis in June 2007. This document includes an executive summary and the documents from the meeting: a background note by the OECD Secretariat as well as written submissions from Brazil, Canada, the Czech Republic, the...

This paper provides a brief overview of the pro- and anti-competitive effects of vertical restraints as identified in the literature and case practice and discusses how pro-competitive effects or efficiencies are analysed and assessed within different legal and economic assessment frameworks....

This paper analyzes a general-equilibrium model in which each person can choose to be either a producer or a predator. This model shows how predation breaks the link between the interpersonal distribution of productive resources and the interpersonal distribution of consumption. Specifically, we...

This study compares the sources of growth in East Asia with the rest of the world, using a methodology that allows one to decompose total factor productivity (TFP) growth into technical efficiency changes (catching up) and technological progress. It applies a varying coefficients frontier...

In der gesetzlichen Krankenversicherung (GKV) müssen einige Versicherte einen geringeren, andere einen höheren als den versicherungstechnisch äquivalenten Beitrag entrichten. Die dadurch bewirkte Umverteilung wird in der Sozialpolitik als sozialer Ausgleich bezeichnet. Der Beitrag entwickelt...

One decade ago the formerly socialist, east-European economies collapsed. They are facing the diffcult and complex task to transform and to modernize their economic structures. In the beginning, many economists believed that the process of transition could be done fast and easily....

We study the incentives towards horizontal merger among firms when the amount of capital is the strategic variable. The type of firms we focus on is workers' cooperatives, but our conclusions apply also to employment-constrained profit maximisers. Within a simple oligopoly model, we prove that...