Working Paper 03-10 - Competition and regulation, Belgium, 1997 to 2004
AbstractThe aim of this paper is to describe product market competition in the Belgian economy for the period 1997]2004 and to illustrate some causality with market regulation. The analysis is held at the industry level, for selected manufacturing and services industries. Emphasis is given to the profit elasticity (PE) measurement of competition (the gBooneh indicator) and the average profitability (AP) indicator (an approximation of the mark]up indicator). We applied the OECD Regimpact indicator as a proxy for regulation. We present some stylized facts, for Belgium in comparison with selected EU countries; and through an econometric exercise we illustrate the potential of regulation as an explanatory variable for competition.
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Bibliographic InfoPaper provided by Federal Planning Bureau, Belgium in its series Working Papers with number 1003.
Date of creation: 17 Mar 2010
Date of revision:
Competition; Indicators; Regulation;
Find related papers by JEL classification:
- D40 - Microeconomics - - Market Structure and Pricing - - - General
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