Product Market Competition and Economic Performance in the United States:
Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD count...
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2004
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| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD countries for some time. This has contributed to sizeable productivity gains and good economic performance over the past decade or so. Nonetheless, despite the generally pro-competitive thrust of policies, a number of challenges remain. Although there are few sectors of the economy from which competition policy and law are completely excluded, given the high risk of sanctions and damages for violation, many anomalous exemptions and special regimes have found their way into US legislation. Contrary to other OECD countries, government related firms are exempted from competition enforcement. Intellectual property rights create special challenges for competition policy and some problems have followed their strengthening over the past two decades, such as the soaring cost of patent litigation. The generally favourable experience with deregulation created pressures for liberalisation in network industries, where the United States has rather been a laggard, at least in the electricity sector. Reforms in the 1990s have entailed some positive results but also some setbacks, reflecting both the difficulties in ensuring competition in such industries and policy mistakes |
| Beschreibung: | 1 Online-Ressource (50 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/334545122257 |
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| spelling | Suppanz, Hannes Verfasser aut Product Market Competition and Economic Performance in the United States Hannes Suppanz, Michael Wise and Michael Kiley = Concurrence sur les marchés de produits et performance économique aux États-Unis / Hannes Suppanz, Michael Wise et Michael Kiley Concurrence sur les marchés de produits et performance économique aux États-Unis Paris OECD Publishing 2004 1 Online-Ressource (50 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD countries for some time. This has contributed to sizeable productivity gains and good economic performance over the past decade or so. Nonetheless, despite the generally pro-competitive thrust of policies, a number of challenges remain. Although there are few sectors of the economy from which competition policy and law are completely excluded, given the high risk of sanctions and damages for violation, many anomalous exemptions and special regimes have found their way into US legislation. Contrary to other OECD countries, government related firms are exempted from competition enforcement. Intellectual property rights create special challenges for competition policy and some problems have followed their strengthening over the past two decades, such as the soaring cost of patent litigation. The generally favourable experience with deregulation created pressures for liberalisation in network industries, where the United States has rather been a laggard, at least in the electricity sector. Reforms in the 1990s have entailed some positive results but also some setbacks, reflecting both the difficulties in ensuring competition in such industries and policy mistakes Economics United States Wise, Michael ctb Kiley, Michael ctb https://doi.org/10.1787/334545122257 Verlag kostenfrei Volltext |
| spellingShingle | Suppanz, Hannes Product Market Competition and Economic Performance in the United States Economics United States |
| title | Product Market Competition and Economic Performance in the United States |
| title_alt | Concurrence sur les marchés de produits et performance économique aux États-Unis |
| title_auth | Product Market Competition and Economic Performance in the United States |
| title_exact_search | Product Market Competition and Economic Performance in the United States |
| title_exact_search_txtP | Product Market Competition and Economic Performance in the United States |
| title_full | Product Market Competition and Economic Performance in the United States Hannes Suppanz, Michael Wise and Michael Kiley = Concurrence sur les marchés de produits et performance économique aux États-Unis / Hannes Suppanz, Michael Wise et Michael Kiley |
| title_fullStr | Product Market Competition and Economic Performance in the United States Hannes Suppanz, Michael Wise and Michael Kiley = Concurrence sur les marchés de produits et performance économique aux États-Unis / Hannes Suppanz, Michael Wise et Michael Kiley |
| title_full_unstemmed | Product Market Competition and Economic Performance in the United States Hannes Suppanz, Michael Wise and Michael Kiley = Concurrence sur les marchés de produits et performance économique aux États-Unis / Hannes Suppanz, Michael Wise et Michael Kiley |
| title_short | Product Market Competition and Economic Performance in the United States |
| title_sort | product market competition and economic performance in the united states |
| topic | Economics United States |
| topic_facet | Economics United States |
| url | https://doi.org/10.1787/334545122257 |
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