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

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  • Kulaksizoglu, Tamer

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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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 357.

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Date of creation: 28 Jul 2004
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Handle: RePEc:pra:mprapa:357

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  1. Neven, Damien J & von Ungern-Sternberg, Thomas, 1996. "Competition Policy in Switzerland," CEPR Discussion Papers 1416, C.E.P.R. Discussion Papers.
  2. Hansen,B.E., 1999. "Testing for linearity," Working papers 7, Wisconsin Madison - Social Systems.
  3. 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.
  4. Pittman, R., 1997. "Competition Law in Central Eastern Europe: Five Years Later," Papers 97-2, U.S. Department of Justice - Antitrust Division.
  5. Coulson, N Edward, 1999. "Housing Inventory and Completion," The Journal of Real Estate Finance and Economics, Springer, vol. 18(1), pages 89-105, January.
  6. Kulaksizoglu, Tamer, 2004. "Competition Policy in Turkey," MPRA Paper 179, University Library of Munich, Germany.
  7. Hansen, Bruce E., 1992. "Testing for parameter instability in linear models," Journal of Policy Modeling, Elsevier, vol. 14(4), pages 517-533, August.
  8. 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.
  9. Djankov, Simeon & Hoekman, Bernard, 1997. "Competition Law in Post-Central Planning Bulgaria," CEPR Discussion Papers 1723, C.E.P.R. Discussion Papers.
  10. Buschena, David E. & Perloff, Jeffrey M, 1990. "The creation of dominant firm market power in the coconut oil export market," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9c5124mq, Department of Agricultural & Resource Economics, UC Berkeley.
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  12. 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.
  13. Michael C. Lovell, 1963. "Seasonal Adjustment of Economic Time Series and Multiple Regression," Cowles Foundation Discussion Papers 151, Cowles Foundation for Research in Economics, Yale University.
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  16. Lin, Ping, et al, 2000. " The US Antitrust System and Recent Trends in Antitrust Enforcement," Journal of Economic Surveys, Wiley Blackwell, vol. 14(3), pages 255-306, July.
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  18. repec:cup:cbooks:9780521816632 is not listed on IDEAS
  19. 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.
  20. Jozef Konings & Patrick Van Cayseele & Frederic Warzynski, 1999. "The Dynamics of Industrial Markups in Two Small Open Economies: Does National Competition Policy Matter ?," Center for Economic Studies - Discussion papers ces9914, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
  21. 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.
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Cited by:
  1. Aydin Çelen & Burak Gunalp, 2010. "Do Investigations of Competition Authorities Really Increase the Degree of Competition? An Answer From Turkish Cement Market," Prague Economic Papers, University of Economics, Prague, vol. 2010(2), pages 150-168.

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