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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3762 |
DP3762 Human Capital and Inward FDI | |
Magnus Blomström; Ari Kokko | |
发表日期 | 2003-02-23 |
出版年 | 2003 |
语种 | 英语 |
摘要 | Since the early 1990s, numerous countries have adopted or strengthened competition legislation. In this Paper we investigate the impact of competition law on industry markups over time and across a large number of countries. We find both domestic and foreign competition to be major sources of market discipline in concentrated markets, but that the direct effect of competition law is insignificant. Once allowance is made for the endogeneity of both domestic competition (number of firms) and the adoption of a competition law, however, we find that competition laws have an indirect effect on equilibrium markups by promoting a larger number of domestic firms. |
主题 | International Trade and Regional Economics |
关键词 | Competition law Import penetration Domestic entry Industry markup |
URL | https://cepr.org/publications/dp3762 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532768 |
推荐引用方式 GB/T 7714 | Magnus Blomström,Ari Kokko. DP3762 Human Capital and Inward FDI. 2003. |
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