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Competition authority independence, antitrust effectiveness, and institutions

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  • Ma, Tay-Cheng
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    Abstract

    This paper investigates the relationships among the competition authority's independence, antitrust effectiveness, and institutions. The evidence suggests that the authority's effectiveness is empirically associated with the independence. However, it is the de facto and not de jure independence that matters for antitrust effectiveness. Besides, the de facto independence is the main mediating channel through which the institutions influence antitrust effectiveness.

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    Bibliographic Info

    Article provided by Elsevier in its journal International Review of Law and Economics.

    Volume (Year): 30 (2010)
    Issue (Month): 3 (September)
    Pages: 226-235

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    Handle: RePEc:eee:irlaec:v:30:y:2010:i:3:p:226-235

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    Web page: http://www.elsevier.com/locate/irle

    Related research

    Keywords: Antitrust effectiveness Independence Institutions;

    References

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    1. Stefan Voigt, 2009. "The Effects of Competition Policy on Development�-�Cross-Country Evidence Using Four New Indicators," Journal of Development Studies, Taylor & Francis Journals, vol. 45(8), pages 1225-1248.
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    16. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, Econometric Society, vol. 48(4), pages 817-38, May.
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    Cited by:
    1. Joan Ramón Borrell & Juan Luís Jiménez & Carmen García, 2012. "Evaluating antitrust leniency programs," Working Papers, Xarxa de Referència en Economia Aplicada (XREAP) XREAP2012-01, Xarxa de Referència en Economia Aplicada (XREAP), revised Jan 2012.
    2. Tay-Cheng Ma, 2012. "Legal tradition and antitrust effectiveness," Empirical Economics, Springer, vol. 43(3), pages 1263-1297, December.

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