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Competition policy and enterprise competitiveness: Catalyst or barrier?

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  • Yan, Hongping
  • Xu, Peng
  • Xiong, Kaijun

Abstract

As a seminal institutional innovation within the framework of Chinese-style modern competition theory, the question of whether the Fair Competition Review System (FCRS) can harness policy dividends and bolster enterprise competitiveness stands as a pivotal concern for accelerating the emergence of new productive forces and fostering a harmonious integration of an "effective government + efficient market." Leveraging data from China's listed manufacturing enterprises spanning the period from 2010 to 2020, this paper undertakes an empirical examination of the impact of competition policy frameworks on the competitiveness of manufacturing enterprises. The FCRS is treated as a quasi-natural experiment, and a difference-in-differences (DID) methodology is employed for analysis.

Suggested Citation

  • Yan, Hongping & Xu, Peng & Xiong, Kaijun, 2024. "Competition policy and enterprise competitiveness: Catalyst or barrier?," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 739-755.
    • Handle: RePEc:eee:ecanpo:v:84:y:2024:i:c:p:739-755
    DOI: 10.1016/j.eap.2024.09.022
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