EconPapers    
Economics at your fingertips  
 

Imports, entry, and competition law as market disciplines

Hiau Looi Kee () and Bernard Hoekman ()

No 3031, Policy Research Working Paper Series from The World Bank

Abstract: Since the early 1990s numerous countries have adopted or strengthened competition legislation. Kee and Hoekman investigate the impact of competition law on industry markups over time and across a large number of countries. They find both domestic and foreign competition to be major sources of market discipline in concentrated markets, but that the direct effect of competition law is insignificant. However, once allowance is made for the endogeneity of both domestic competiton (number of firms) and the adoption of a competition law, the authors find that competition laws have an indirect effect on equilibrium markups by promoting a larger number of domestic firms.

Keywords: Water and Industry; Economic Theory&Research; Labor Policies; Environmental Economics&Policies; ICT Policy and Strategies; Environmental Economics&Policies; Economic Theory&Research; Water and Industry; ICT Policy and Strategies; Markets and Market Access (search for similar items in EconPapers)
Date: 2003-04-30
New Economics Papers: this item is included in nep-com, nep-ent and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13) Track citations by RSS feed

Downloads: (external link)
http://www-wds.worldbank.org/external/default/WDSC ... d/PDF/multi0page.pdf (application/pdf)

Related works:
Journal Article: Imports, entry and competition law as market disciplines (2007) Downloads
Working Paper: Imports, Entry and Competition Law as Market Disciplines (2003) Downloads
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:wbk:wbrwps:3031

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().

 
Page updated 2021-10-18
Handle: RePEc:wbk:wbrwps:3031