Competition across transition economies: an enterprise-level analysis of the main policy and structural determinants
AbstractThis paper examines the main policy and structural determinants of the intensity of competition at the enterprise level across transition economies, presenting new evidence based on an enterprise-level survey and a legal survey directed to both competition agencies and legal experts in the area of competition policy. It explores the key variables, at the country and enterprise level, that affect the variations of the intensity of competition in domestic markets. At the country level an important finding is that competition policy and recent changes in its implementation are significantly and positively correlated with the intensity of competition. This result is robust to the introduction of other policy-level controls and alternative specifications of the basic model. Other interesting results at th and exit, and higher perceived elasticity of demand. In addition there are robust ownership, size ande micro level include a significant positive relationship between the intensity of competition, lower barriers to entry sectoral effects but not life-cycle effects.
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Bibliographic InfoPaper provided by European Bank for Reconstruction and Development, Office of the Chief Economist in its series Working Papers with number 68.
Length: 23 pages
Date of creation: Dec 2001
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competition; competition policy; transition economies;
Find related papers by JEL classification:
- L4 - Industrial Organization - - Antitrust Issues and Policies
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- P2 - Economic Systems - - Socialist Systems and Transition Economies
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- Maria Vagliasindi, 2001. "Competition Policy Across Transition Economies," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 215-250.
- Maria Vagliasindi, 2001. "Politique de la concurrence dans les économies en transition," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 233-272.
- Clarke, George R. G., 2005. "Do government policies that promote competition encourage or discourage new product and process development in low and middle-income countries?," Policy Research Working Paper Series 3471, The World Bank.
- Petrit Gashi & Iraj Hashi & Geoff Pugh, 2014. "Export behaviour of SMEs in transition countries," Small Business Economics, Springer, vol. 42(2), pages 407-435, February.
- Kodhelaj, Mimoza & Molla, Jonida, 2010. "Foreign Direct Investments in Albanian Market as part of Global Market and Globalization," MPRA Paper 51657, University Library of Munich, Germany.
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