Competition and Competition Policy in Weak Property Rights Protection

Alexander Kurdin

Ekonomicheskaya Politika / Economic Policy, 2011, vol. 4, pages 96—106

Abstract: The well developed competition is an important element of an efficient market economy. The competitive environment depends not only on antitrust and regulation policies but also on a set of other parameters of the institutional environment. According to the article, one of factors, which may influence the intensity of competition, is property rights protection. In case of an insufficient level of property rights protection from the side of the government entrepreneurs obtain additional incentives for cooperation instead of competition, i. e. for explicit or implicit pooling and cartelization. The necessity of private investments into property rights protection raises barriers to entry, also restricting competition. The formulation of competition policy on a national, regional or industrial scale requires taking this factor into account.

Keywords: competition; property rights; antitrust policy (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://repec.ranepa.ru/rnp/ecopol/1146.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:ecopol:1146

Access Statistics for this article

Ekonomicheskaya Politika / Economic Policy is currently edited by Vladimir Mau

More articles in Ekonomicheskaya Politika / Economic Policy from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().