Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/68058
Authors: 
McCloughan, Patrick
Lyons, Seán
Batt, William
Year of Publication: 
2007
Series/Report no.: 
Working Paper, The Economic and Social Research Institute (ESRI), Dublin 209
Abstract: 
This paper presents robust panel data econometric evidence suggesting that more effective competition policy curtails the exercise of market power because countries in which competition policy is judged to be more effective are characterised by lower market price-cost margins, controlling for other factors, including market growth, import penetration and spare capacity. The measure of competition policy effectiveness incorporated into our analysis is the annual survey-based ratings of national competition authorities (NCAs) produced by Global Competition Review (GCR). Our findings imply a role for competition in enhancing economic competitiveness and that government should continue to support NCAs in enforcing competition policy.
Document Type: 
Working Paper

Files in This Item:
File
Size
624.88 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.