The Effects of Competition Policy on Development – Cross-Country Evidence Using Four New Indicators
构建了四个新指标来衡量竞争法律与机构，发现竞争政策对全要素生产率有直接和间接（减少腐败）的积极影响，对发展中国家同样适用。
Abstract Over the last two decades, many developing countries have introduced competition policies. This paper introduces four new indicators on various aspects of competition laws and competition agencies to make competition policies comparable. These indicators are used to estimate the effects of competition policies and all four contribute at least marginally to explaining differences in total factor productivity. This is also true if developing countries are analysed separately. In addition to the direct effects of competition policy on total factor productivity, an indirect effect is identified: countries scoring high with regard to competition policy suffer less from corruption.