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The Effects of Competition Policy on Development�-�Cross-Country Evidence Using Four New Indicators

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  • Stefan Voigt

Abstract

Over the last two decades, many developing countries have introduced competition policies. This paper introduces four new indicators on various aspects of competition laws and competition agencies to make competition policies comparable. These indicators are used to estimate the effects of competition policies and all four contribute at least marginally to explaining differences in total factor productivity. This is also true if developing countries are analysed separately. In addition to the direct effects of competition policy on total factor productivity, an indirect effect is identified: countries scoring high with regard to competition policy suffer less from corruption.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Journal of Development Studies.

Volume (Year): 45 (2009)
Issue (Month): 8 ()
Pages: 1225-1248

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Handle: RePEc:taf:jdevst:v:45:y:2009:i:8:p:1225-1248

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Cited by:
  1. Tay-Cheng Ma, 2012. "Legal tradition and antitrust effectiveness," Empirical Economics, Springer, vol. 43(3), pages 1263-1297, December.
  2. Joan Ramón Borrell & Juan Luís Jiménez & Carmen García, 2012. "Evaluating antitrust leniency programs," Working Papers XREAP2012-01, Xarxa de Referència en Economia Aplicada (XREAP), revised Jan 2012.
  3. Budzinski, Oliver & Monostori, Katalin & Pannicke, Julia, 2012. "Der Schutz geistiger Eigentumsrechte in der Welthandelsorganisation: Urheberrechte im TRIPS Abkommen und die digitale Herausforderung," Ilmenau Economics Discussion Papers 79, Ilmenau University of Technology, Institute of Economics.
  4. Budzinski, Oliver, 2012. "Würde eine unabhängige europäische Wettbewerbsbehörde eine bessere Wettbewerbspolitik machen?," Ilmenau Economics Discussion Papers 78, Ilmenau University of Technology, Institute of Economics.
  5. Samà, Danilo, 2013. "The Effectiveness of Competition Policy: An Econometric Assessment in Developed and Developing Countries," MPRA Paper 55360, University Library of Munich, Germany.
  6. Ma, Tay-Cheng, 2010. "Competition authority independence, antitrust effectiveness, and institutions," International Review of Law and Economics, Elsevier, vol. 30(3), pages 226-235, September.

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