Competition: Economic Issues

The strength of product market competition plays an important role in economic growth and affects economic efficiency, the allocation of resources, and can also lead to improved labour market performance. The Economics Department is examining product market competition and economic performance in order to identify product market policies that are conducive to growth and employment.
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What's new

Market Mechanisms in Public Service Provision

11-Aug-2008

This paper presents a new set of institutional indicators that assess how sub-central governments harness market mechanisms such as tendering, outsourcing, user choice and competition, user fees and output-related funding when providing public services.

Reaping the benefits of stronger competition in network industries in Germany

11-Aug-2008

The potential to strengthen productivity growth and enhance consumer welfare through more competition is large in the energy and railway sectors. Establishing stronger vertical separation between network access provision and potentially competitive services will be the main challenge for Germany going forward.

OECD Economic Assessment of South Africa

15-Jul-2008

Prudent macroeconomic policies have driven South Africa’s impressive economic performance over the past decade, but huge problems remain, notably in tackling  unemployment. Policies to strengthen competition and improve education would raise living standards both by helping to realise South Africa’s employment potential and by boosting long-term productivity growth.

Economic survey of Portugal 2008: Maximising the gains from integration in the world economy

25-Jun-2008

Portugal can benefit more from globalisation. This requires further reducing the cost of doing business, promoting competition and improving regulations in infrastructure sectors that provide services to firms.

Regulation, allocative efficiency and productivity in OECD countries: industry and firm-level evidence

13-Jun-2008

This paper relates diverging productivity performances across OECD countries over the past fifteen years to differences in the stringency of regulations in the product market.

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