The Effectiveness of Competition Policy: An Econometric Assessment in Developed and Developing Countries

51 Pages Posted: 16 Apr 2014

See all articles by Danilo Samà

Danilo Samà

LUISS "Guido Carli" University of Rome; Erasmus Rotterdam University; Ghent University; University of Aarhus - School of Business and Social Sciences; Toulouse School of Economics; University of Hamburg; Law & Economics LAB

Date Written: 2013

Abstract

The ultimate objective of the present paper is to empirically investigate the effectiveness of competition policy in developed and developing countries. Although its importance is continuously increasing, the effectiveness of competition policy still seems to lack the attention that it would deserve. At the present state of art, the number of academic contributions that attempts to estimate its impact on relevant economic variables appears very limited, in particular for the less developed countries. However, an empirical literature aimed at measuring in objective terms the effect of competition policy on economic growth is emerging, starting from narrow variables of interest, such as Gross Domestic Product and Total Factor Productivity. As a result, the principal aim of the current work is to contribute to this branch of research, focusing on broader indicators of market performance, in order to understand whether the presence of an antitrust authority has a significant impact, thus an effective utility, on the level of competition of a country.

Keywords: Competition Authorities, Competition Policy, Developed Countries, Developing Countries, Economic Development, Economic Growth, Law & Economics, Market Concentration, Market Efficiency, Market Performance, New Institutional Economics, Political Economy

JEL Classification: C21; C26; K21; L40

Suggested Citation

Samà, Danilo, The Effectiveness of Competition Policy: An Econometric Assessment in Developed and Developing Countries (2013). Available at SSRN: https://ssrn.com/abstract=2425335 or http://dx.doi.org/10.2139/ssrn.2425335

Danilo Samà (Contact Author)

LUISS "Guido Carli" University of Rome ( email )

Faculty of Economics
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Rome, 00197
Italy

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Erasmus Rotterdam University ( email )

Campus Woudestein
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Netherlands

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Ghent University ( email )

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University of Aarhus - School of Business and Social Sciences ( email )

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Denmark

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Toulouse School of Economics ( email )

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France

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University of Hamburg ( email )

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Hamburg, 20148
Germany

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Law & Economics LAB ( email )

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Rome, 00197
Italy

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