MEASURING THE DETERRENCE PROPERTIES OF COMPETITION POLICY: THE COMPETITION POLICY INDEXES

Paolo Buccirossi, Lorenzo Ciari, Tomaso Duso, Giancarlo Spagnolo and Cristiana Vitale

Journal of Competition Law and Economics, 2011, vol. 7, issue 1, 165-204

Abstract: This article describes in detail a set of newly developed indicators of the quality of competition policy, the Competition Policy Indexes (CPIs). The CPIs measure the deterrence properties of a jurisdiction's competition policy—where by competition policy, we mean the antitrust legislation including the merger control provisions and its enforcement. The CPIs incorporate data on how the key features of a competition policy regime (particularly information on the legal framework, the institutional settings, and the enforcement tools of each jurisdiction that we examine) score against a benchmark of generally agreed-upon best practices and summarize them, so as to allow cross-country and cross-time comparisons. We calculate the CPIs for a sample of 13 OECD jurisdictions over the period from 1995 to 2005.

JEL-codes: K21 K42 L40 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (18)

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Related works:
Working Paper: Measuring the deterrence properties of competition policy: the Competition Policy Indexes (2009)
Working Paper: Measuring the deterrence properties of competition policy: The competition policy indexes (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:oup:jcomle:v:7:y:2011:i:1:p:165-204.

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