|
|
|
|
||||
|
||||
The Role of Competition Policy in the Promotion of Economic GrowthLawrence J. WhiteNew York University (NYU) - Leonard N. Stern School of Business; Leonard N. Stern School of Business - Department of Economics March 30, 2008 NYU Law and Economics Research Paper No. 08-23 Abstract: This essay discusses the role that competition policy can play in promoting economic growth. The essay begins by outlining the main components of modern antitrust policy. The essay then discusses the major aspects of an economy that contribute to economic growth and shows the ways that competition policy can favorably influence economic growth. Next the essay discusses industrial policy, as a set of policies that are in contradiction to competition policy and describes the tensions between them. Finally, the paper discusses the role of economics and economists in the development of competition policy in the U.S. and highlights some major advances in U.S. competition policy (to which economics and economists have contributed), which have made competition policy more consonant with economic efficiency (and economic growth); in addition, some potential improvements that could promote the effectiveness of competition policy even further are proposed.
Number of Pages in PDF File: 40 working papers seriesDate posted: May 7, 2008Suggested CitationContact Information
|
|
||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo3 in 0.391 seconds
