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Measuring the Effectiveness of Competition Policy: Evidence from the Turkish Cement Industry

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Author Info
Kulaksizoglu, Tamer

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Abstract

In this paper, I develop a new method to test whether the introduction of competition policy in an industry has had any effects on its market performance. The method is based on the new empirical industrial organization methodology. I apply the method to the Turkish cement industry, which has been heavily investigated by the Turkish Competition Authority. The results show that the introduction of competition policy has had no effect in the market performance of the industry.

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File URL: http://mpra.ub.uni-muenchen.de/357/
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File URL: http://mpra.ub.uni-muenchen.de/1092/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 357.

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Date of creation: 25 Mar 2004
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Handle: RePEc:pra:mprapa:357

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Related research
Keywords: Competition policy; Market performance; Conduct parameter; Market power; Cement industry;

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Find related papers by JEL classification:
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions
L40 - Industrial Organization - - Antitrust Issues and Policies - - - General

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  1. Lin, Ping, et al, 2000. " The US Antitrust System and Recent Trends in Antitrust Enforcement," Journal of Economic Surveys, Blackwell Publishing, vol. 14(3), pages 255-306, July. [Downloadable!] (restricted)
  2. Konings, Jozef & Van Cayseele, Patrick & Warzynski, Frederic, 2001. "The dynamics of industrial mark-ups in two small open economies: does national competition policy matter?," International Journal of Industrial Organization, Elsevier, vol. 19(5), pages 841-859, April. [Downloadable!] (restricted)
    Other versions:
  3. Warzynski, Frederic, 2001. "Did tough antitrust policy lead to lower mark-ups in the US manufacturing industry?," Economics Letters, Elsevier, vol. 70(1), pages 139-144, January. [Downloadable!] (restricted)
  4. Pittman, R., 1997. "Competition Law in Central Eastern Europe: Five Years Later," Papers 97-2, U.S. Department of Justice - Antitrust Division.
  5. Djankov, Simeon & Hoekman, Bernard, 1997. "Competition Law in Post-Central Planning Bulgaria," CEPR Discussion Papers 1723, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  6. Kulaksizoglu, Tamer, 2004. "Competition Policy in Turkey," MPRA Paper 179, University Library of Munich, Germany. [Downloadable!]
  7. Lau, Lawrence J., 1982. "On identifying the degree of competitiveness from industry price and output data," Economics Letters, Elsevier, vol. 10(1-2), pages 93-99. [Downloadable!] (restricted)
  8. Coulson, N Edward, 1999. "Housing Inventory and Completion," The Journal of Real Estate Finance and Economics, Springer, vol. 18(1), pages 89-105, January. [Downloadable!] (restricted)
  9. Shaffer, Sherrill, 1993. "A Test of Competition in Canadian Banking," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(1), pages 49-61, February. [Downloadable!] (restricted)
    Other versions:
  10. Hansen, Bruce E., 1992. "Testing for parameter instability in linear models," Journal of Policy Modeling, Elsevier, vol. 14(4), pages 517-533, August. [Downloadable!] (restricted)
  11. Merkies, Arnold H. Q. M. & Steyn, Ivo J., 1994. "Modelling changing lag patterns in Dutch construction," Journal of Economic Dynamics and Control, Elsevier, vol. 18(2), pages 499-509, March. [Downloadable!] (restricted)
  12. repec:att:wimass:1919997 is not listed on IDEAS
  13. Damien NEVEN & Thomas VON UNGERN-STERNBERG, 1996. "Competition Policy in Switzerland," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 9609, Université de Lausanne, Faculté des HEC, DEEP. [Downloadable!]
    Other versions:
  14. Dutz, Mark A. & Vagliasindi, Maria, 2000. "Competition policy implementation in transition economies: An empirical assessment," European Economic Review, Elsevier, vol. 44(4-6), pages 762-772, May. [Downloadable!] (restricted)
  15. Lee, Tae-Hwy, 1992. "Stock-Flow Relationships in U.S. Housing Construction," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 54(3), pages 419-30, August.
  16. N. Edward Coulson & Christian Richard, 1996. "The Dynamic Impact of Unseasonable Weather on Construction Activity," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 24(2), pages 179-194. [Downloadable!] (restricted)
  17. van Alphen, Hendrik J & Merkies, Arnold H Q M, 1976. "Distributed Lags in Construction: An Empirical Study," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(2), pages 411-30, June. [Downloadable!] (restricted)
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