Measuring the deterrence properties of competition policy: the competition policy indexes
Abstract
The aim of this paper is to describe in detail a set of newly developed indicators of the quality of competition policy, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where for competition policy we mean the antitrust legislation, including the merger control provisions, and its enforcement. The CPIs incorporate data on how the key features of a competition policy regime score against a benchmark of generally-agreed best practices and summarise them so as to allow crosscountry and cross-time comparisons. The CPIs have been calculated for a sample of 13 OECD jurisdictions over the period 1995-2005. -- Ziel dieses Beitrag ist die umfassende Beschreibung von neu entwickelten Indikatoren über die Qualität von wettbewerbspolitischen Systemen: die so genannten „Competition Policy Indexes“ (CPIs). Die CPIs messen die Abschreckungsmerkmale der Wettbewerbspolitik in einem Staat oder, genauer gesagt, in einer Gebietskörperschaft. Unter Wettbewerbspolitik ist hierbei sowohl das Kartellrecht als auch seine Vollstreckung definiert, wobei auch die Fusionskontrolle einbezogen ist. Die CPIs bauen auf „harten“ Daten über die zentralen Merkmale eines wettbewerbspolitischen Regimes auf. Diese werden mit Orientierungswerten verglichen, welche anhand von in der Literatur und Praxis allgemein bewährten Verfahren definiert sind. Schließlich werden sie in Indikatoren zusammengefasst, welche einen internationalen Vergleich über die Zeit erlauben. Diese Indikatoren wurden für eine Stichprobe von 13 OECD Gebietskörperschaften (12 OECD Länder und die Europäische Union) für die Zeitspanne 1995-2005 berechnet.Download Info
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Paper provided by Social Science Research Center Berlin (WZB) in its series Discussion Papers, Research Unit: Competition and Innovation with number SP II 2009-15.Length:
Date of creation: 2009
Date of revision:
Handle: RePEc:zbw:wzbcin:spii200915
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Keywords: Competition Policy; Indicator; Deterrence; Competition Law;Other versions of this item:
- Buccirossi, Paolo & Ciari, Lorenzo & Duso, Tomaso & Spagnolo, Giancarlo & Vitale, Cristiana, 2009. "Measuring the deterrence properties of competition policy: the Competition Policy Indexes," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 284, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Paolo Buccirossi & Lorenzo Ciari & Tomaso Duso & Giancarlo Spagnolo & Cristiana Vitale, 2009.
"Competition policy and productivity growth: An empirical assessment,"
CIG Working Papers
SP II 2009-12, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Buccirossi, Paolo & Ciari, Lorenzo & Duso, Tomaso & Spagnolo, Giancarlo & Vitale, Cristiana, 2011. "Competition policy and productivity growth: An empirical assessment," DICE Discussion Papers 22, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Buccirossi, Paolo & Ciari, Lorenzo & Duso, Tomaso & Spagnolo, Giancarlo & Vitale, Cristiana, 2009. "Competition Policy and Productivity Growth: An Empirical Assessment," CEPR Discussion Papers 7470, C.E.P.R. Discussion Papers.
- Buccirossi, Paolo & Ciari, Lorenzo & Duso, Tomaso & Spagnolo, Giancarlo & Vitale, Cristiana, 2009. "Competition Policy and Productivity Growth: An Empirical Assessment," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 283, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Budzinski, Oliver, 2012. "Impact evaluation of merger control decisions," Ilmenau Economics Discussion Papers 75, Ilmenau University of Technology, Institute of Economics.
- Budzinski, Oliver, 2012. "Empirische Ex-Post Evaluation von wettbewerbspolitischen Entscheidungen: Methodische Anmerkungen," Ilmenau Economics Discussion Papers 69, Ilmenau University of Technology, Institute of Economics.
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