Do Developing Countries Need Competition Law and Policy?

Marcos, Francisco

doi:10.2139/ssrn.930562

Cited by 2 publications

(5 citation statements)

References 20 publications

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“…Indeed APEC (2008) shows that there exists a strong correlation between institutional quality and intensity of local competition. This is also supported by findings of studies like Dutz and Vangliasindi (1999), Vagliasindi (2001), Voigt (2006), Marcos (2006), Kronthaler (2007), among others. Laffont (1999) argues that, more than competition policy implementation, what matters is a strong political will to establish it and the formation of institutional foundations that would ensure market well-functioning.…”

Section: Reinforce And/or Build Strong Institutions That Provide a Cr...supporting

confidence: 79%

“…From the institutional viewpoint, Marcos (2006) argues strong institutions are a primary condition to enjoying the benefits of competition policy implementation. Among the most important institutions are property rights protection and an effective system of contract enforcement to ease and secure economic transactions, as well as the independence of competition authorities (such as the Federal Competition Commission in the USA) from government and any political interest.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Dysfunctional markets where informality prevails-due to excessive regulation for example-are less likely to benefit from the implementation of competition policies. Marcos (2006) recommends implementing competition policy after a certain level of institutional development is reached.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Furthermore, "when property rights protection is low and the size of (the) informal economy is relevant, the perspective of establishing an effective competition policy to fight against anticompetitive practices in the market is rather illusory (Marcos, 2006). "…”

Section: 4mentioning

confidence: 99%

“…From a theoretical approach, competition may lead to economic growth, innovation, and consumer and social welfare through improvements in market efficiency and productivity; therefore we should expect a positive relationship between competition and economic development. Although researchers have not found a clear causal relationship, there is an accepted recommendation that favors competition promotion through the implementation of competition policies and laws, as happens with most of the international organizations, such as the United Nations (UN), the World Trade Organization (WTO), the International Monetary Fund (IMF), the African Development Bank (ADB), and the Inter-American Development Bank (IADB) (Marcos, 2006, Kronthaler, 2007.…”

Section: Introductionmentioning

confidence: 99%

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Evaluación de las políticas de fomento de la competencia para el desarrollo

Oré

2013

ECONOMIA

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La implementación de políticas de competencia es una de las estrategias más recomendadas para países en desarrollo para conseguir el desarrollo económico. Usando un conjunto de datos panel de más de cien países durante siete años (desde 2005-2011), estimo el efecto de la competencia en el desarrollo económico. También determino cuáles de los factores de política integral son los más relevantes para incrementar la competencia. Se usa un enfoque con variables instrumentales de efectos fijos.Encuentro que la intensidad de la competencia impacta positivamente sobre el desarrollo económico. La estimación es altamente significativa cuando se usan como instrumentos de la intensidad de competencia: la efectividad de la política antimonopolio y los años de experiencia manejando leyes de competencia al cuadrado. Se demuestra que la estabilidad política es un determinante de mayor éxito y desarrollo. El entorno macroeconómico y el desarrollo del mercado financiero también son factores significativos que contribuyen a un mayor desarrollo económico. Los países menos desarrollados deben trabajar intensamente para mejorar su calidad institucional e implemente políticas pro-competencia que no solo estén relacionadas a las leyes de competencia.

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Section: Reinforce And/or Build Strong Institutions That Provide a Cr...supporting

confidence: 79%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: 4mentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Evaluación de las políticas de fomento de la competencia para el desarrollo

Oré

2013

ECONOMIA

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Market Competition in Transition Economies: A Literature Review

2014

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractThis paper provides a survey of the effects of market competition in the transition economies of Eastern Europe and Central Asia. The pivotal element of the transition was inter-firm competition, which replaced economic planning as the method to identify demand. Pro-competitive policies that facilitated the transition are discussed, including international trade, attracting foreign direct investment and firm entry. Research topics with respect to competition changed as the transition advanced. The focus shifted from churn and macroeconomic shock-management in the initial phases toward firm entry, privatisation and restructuring of incumbents. In the later phases of transition, differentials in aggregate economic performance became obvious, pointing at institutional differences and their interplay with transitions. These are equally reflected by the degree of competition of the business environment. Also the methods changed with the evolution of the research agenda. Early case studies were displaced by large-scale, cross-country econometric studies as survey data became increasingly available. Early case studies were displaced by large-scale, cross-country econometric studies as survey data became increasingly available.JEL Classifications: B52, L22, L40, P30, P42.

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Do Developing Countries Need Competition Law and Policy?

Cited by 2 publications

References 20 publications

Evaluación de las políticas de fomento de la competencia para el desarrollo

Evaluación de las políticas de fomento de la competencia para el desarrollo

Market Competition in Transition Economies: A Literature Review

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