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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
Analysis of trend components of production indices for May through July 2021 suggests that growth factors in trends for the extractive industries since the beginning of 2021 continue to have effect for two reasons: a pickup in demand for power-generating coal on the part of European and Asian...
Persistent link: https://www.econbiz.de/10013314544
In recent years, several economists have argued that the sharp loss of competitiveness of the Brazilian industry was caused by a strong exchange rate appreciation. However, other economists have attributed this loss of competitiveness to the dismal growth of labor productivity in the Brazilian...
Persistent link: https://www.econbiz.de/10011865608
The analysis presented in this study focuses primarily on the LCA manufacturing industries in the United States and Western Europe. It also includes some discussion of Russia’s LCA industry, which is beginning to produce aircraft for export. Although Japan is not a producer of LCA, it is...
Persistent link: https://www.econbiz.de/10014204855
A large number of countries have recently experienced competitive shocks: sudden increases in the role that market forces play in determining the evolution of various industries. In this paper, we study the implications of Poland's competitive shock for three elements of the structure of that...
Persistent link: https://www.econbiz.de/10014047699
In Q3 2021, industrial output growth was mainly driven by extractive industries owing to a pickup in demand for power-generating coal and natural gas and ebbing restrictions related to the OPEC+ agreement. The following factors kept affecting dynamics of different sectors of the Russian...
Persistent link: https://www.econbiz.de/10013305966
In January-October 2022 industrial production demonstrated sluggish growth. The main contribution was made by the food industry, textile and garment production, metallurgy, and machine-building. The growth, among other things, was due to the replacement of foreign brands with domestic products...
Persistent link: https://www.econbiz.de/10014351523
This paper examines industry concentration for the South African manufacturing sector over the 1972-1996 period, for the three digit industry classification. The paper notes both the high level of industry concentration in South African manufacturing, and a rising trend in concentration across a...
Persistent link: https://www.econbiz.de/10008594456
This study investigates the impacts of Industry 4.0 (I4.0) on the South African manufacturing sector in light of the Fourth Industrial Revolution (4IR) and the Industry 4.0 concept. The South African manufacturing sector, consisting of approximately 11,400 VAT-registered organizations, is...
Persistent link: https://www.econbiz.de/10014518870