Does More Intense Competition Lead to Higher Growth?

Dutz, Mark A. ; Hayri, Aydin

World Bank, Washington, DC

关键词: ANNUAL GROWTH;    ANNUAL GROWTH RATE;    ANTI-COMPETITIVE PRACTICES;    ANTI-TRUST LAWS;    BUSINESS ENVIRONMENT;   

DOI  :  10.1596/1813-9450-2320
RP-ID  :  WPS2320

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The relationship between the intensityof competition in an economy and its long-run growth is anopen question in economics. Theoretically, there is noclear-cut answer. Empirical evidence exists, however, thatin some sectors more competition leads to more innovation,and accelerates productivity growth. To complement thosefindings, and capture economy-wide effects, the authorsconduct a cross-country study. They examine the impact ongrowth of various measures having to do with intensity ofdomestic competition - beyond the effects of tradeliberalization. Their results indicate a strong correlationbetween long-run growth, and effective enforcement ofantitrust, and competition policy.