Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19300
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dc.contributor.authorKrakowski, Michaelen_US
dc.date.accessioned2009-01-28T15:57:08Z-
dc.date.available2009-01-28T15:57:08Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/19300-
dc.description.abstractThis paper explores the relationship between competition policy, experience of the applicationof competition policy, the intensity of local competition and the standard ofliving. Perception data from the World Economic Forum is used to measure the intensityof local competition. Richer and larger countries in general introduce competitionpolicy earlier than smaller and poorer countries, and industrialized countries earlier thanLatin American, African, transition and Asian countries, in this order. A regressionanalysis for a sample of 101 countries reveals that experience and overall governmenteffectiveness explain a substantial part of the perception of the effectiveness of antitrustpolicy. During the first years of (new) competition legislation the effectiveness of applicationimproves rapidly, whereas very old competition agencies make little further improvementof their application performance after a certain time. The effectiveness ofantitrust policy has a significant influence on the intensity of local competition. The sizeof the economy also has a significant impact on the intensity of local competition,whereas external protection does not. These results indicate that competition legislationand experience of the application of competition legislation have a large impact on thelevel of competition in an economy, whereas the influence of external protection is notclear. In countries with a high intensity of local competition the standard of living ishigher than in countries with a low intensity of local competition.en_US
dc.language.isoengen_US
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburg-
dc.relation.ispartofseries|aHWWA Discussion Paper |x332en_US
dc.subject.jelK21en_US
dc.subject.jelL40en_US
dc.subject.ddc330en_US
dc.subject.keywordCompetition Policyen_US
dc.subject.keywordEffectiveness of legal instrumentsen_US
dc.subject.stwWettbewerbspolitiken_US
dc.subject.stwKonzentrationspolitiken_US
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen_US
dc.subject.stwWettbewerben_US
dc.subject.stwLebensstandarden_US
dc.subject.stwSchätzungen_US
dc.subject.stwWelten_US
dc.titleCompetition Policy Works: The Effect of Competition Policy on the Intensity of Competition - An International Cross-Country Comparisonen_US
dc.typeWorking Paperen_US
dc.identifier.ppn50438743Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26259-

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