The Effectiveness of Competition Policy: An Econometric Assessment in Developed and Developing Countries

Danilo Samà

MPRA Paper from University Library of Munich, Germany

Abstract: The ultimate objective of the present paper is to empirically investigate the effectiveness of competition policy in developed and developing countries. Although its importance is continuously increasing, the effectiveness of competition policy still seems to lack the attention that it would deserve. At the present state of art, the number of academic contributions that attempts to estimate its impact on relevant economic variables appears very limited, in particular for the less developed countries. However, an empirical literature aimed at measuring in objective terms the effect of competition policy on economic growth is emerging, starting from narrow variables of interest, such as Gross Domestic Product and Total Factor Productivity. As a result, the principal aim of the current work is to contribute to this branch of research, focusing on broader indicators of market performance, in order to understand whether the presence of an antitrust authority has a significant impact, thus an effective utility, on the level of competition of a country.

Keywords: Competition Authorities; Competition Policy; Developed Countries; Developing Countries; Economic Development; Economic Growth; Law & Economics; Market Concentration; Market Efficiency; Market Performance; New Institutional Economics; Political Economy (search for similar items in EconPapers)
JEL-codes: C21 C26 K21 L40 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-com, nep-cse, nep-eff, nep-ind and nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/103086/1/MPRA_paper_55360.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:55360

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