The paper focuses on the delineation of geographic markets in competition analysis, investigating the use of tests of price co-movement in the market definition exercise. To this end, the first part is devoted to a conceptual framework for market definition (adopted from Haldrup (2003))....

The ASGISA policy document identifies the exchange rate as one of the factors constraining accelerated growth in South Africa. This note argues that currency developments do not translate into business cycle movements in the aggregate economy, and that a weaker exchange rate is less likely to...

Introduction -- Part I - Looking Back: What Do We Know About the South African Business Cycle? -- The South African Economy in the Twentieth Century -- Part II - The Financial Crisis and Its Impact on the Cycle: Business Cycle Recoveries - A Comparative View -- The Role of Institutional...

The paper focuses on the delineation of geographic markets in competition analysis, investigating the use of tests of price co-movement in the market definition exercise. To this end, the first part is devoted to a conceptual framework for market definition (adopted from <link rid="b11">Haldrup (2003</link>))....