Product Market Competition and Economic Performance in the Netherlands:
This paper assesses what role product market competition and reforms may have played in the performance of the Dutch economy over the past decade, and discusses what further product market reforms might contribute to enhancing growth. In general, competitive pressures appear to be relatively strong...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2005
|
Schriftenreihe: | OECD Economics Department Working Papers
no.422 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper assesses what role product market competition and reforms may have played in the performance of the Dutch economy over the past decade, and discusses what further product market reforms might contribute to enhancing growth. In general, competitive pressures appear to be relatively strong in the Netherlands, particularly in the traded goods sector. Competition in product markets has been strengthened through the creation of a competition authority (NMa) and the Competition, Deregulation and Legislative Quality project (MDW). A planned reduction in the administrative burden will also help to strengthen competition, by reducing barriers to business start-ups and the expansion of small businesses, as well as lowering business costs. However, competitive pressures and productivity growth are weaker in the Dutch services sector. Planning restrictions are inhibiting competition and productivity growth in the retail sector and there is considerable scope to eliminate practices that restrict competition in professional services, even though both are relatively liberalised in the Netherlands. Reforms in electricity, gas and telecoms are recent and market power on the part of incumbent firms remains a concern. Competitive pressures in these industries could be increased by enhancing the powers of the regulators and eliminating barriers to entry. |
Beschreibung: | 1 Online-Ressource (47 p.) 21 x 29.7cm. |
DOI: | 10.1787/553342376000 |
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520 | |a This paper assesses what role product market competition and reforms may have played in the performance of the Dutch economy over the past decade, and discusses what further product market reforms might contribute to enhancing growth. In general, competitive pressures appear to be relatively strong in the Netherlands, particularly in the traded goods sector. Competition in product markets has been strengthened through the creation of a competition authority (NMa) and the Competition, Deregulation and Legislative Quality project (MDW). A planned reduction in the administrative burden will also help to strengthen competition, by reducing barriers to business start-ups and the expansion of small businesses, as well as lowering business costs. However, competitive pressures and productivity growth are weaker in the Dutch services sector. Planning restrictions are inhibiting competition and productivity growth in the retail sector and there is considerable scope to eliminate practices that restrict competition in professional services, even though both are relatively liberalised in the Netherlands. Reforms in electricity, gas and telecoms are recent and market power on the part of incumbent firms remains a concern. Competitive pressures in these industries could be increased by enhancing the powers of the regulators and eliminating barriers to entry. | ||
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physical | 1 Online-Ressource (47 p.) 21 x 29.7cm. |
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spelling | Maher, Maria VerfasserIn aut Product Market Competition and Economic Performance in the Netherlands Maria, Maher and Michael, Wise = Concurrence sur les marchés de produits et performance économique aux Pays-Bas / Maria, Maher et Michael, Wise Concurrence sur les marchés de produits et performance économique aux Pays-Bas Paris OECD Publishing 2005 1 Online-Ressource (47 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.422 This paper assesses what role product market competition and reforms may have played in the performance of the Dutch economy over the past decade, and discusses what further product market reforms might contribute to enhancing growth. In general, competitive pressures appear to be relatively strong in the Netherlands, particularly in the traded goods sector. Competition in product markets has been strengthened through the creation of a competition authority (NMa) and the Competition, Deregulation and Legislative Quality project (MDW). A planned reduction in the administrative burden will also help to strengthen competition, by reducing barriers to business start-ups and the expansion of small businesses, as well as lowering business costs. However, competitive pressures and productivity growth are weaker in the Dutch services sector. Planning restrictions are inhibiting competition and productivity growth in the retail sector and there is considerable scope to eliminate practices that restrict competition in professional services, even though both are relatively liberalised in the Netherlands. Reforms in electricity, gas and telecoms are recent and market power on the part of incumbent firms remains a concern. Competitive pressures in these industries could be increased by enhancing the powers of the regulators and eliminating barriers to entry. Economics Netherlands Wise, Michael MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/553342376000 Volltext |
spellingShingle | Maher, Maria Product Market Competition and Economic Performance in the Netherlands Economics Netherlands |
title | Product Market Competition and Economic Performance in the Netherlands |
title_alt | Concurrence sur les marchés de produits et performance économique aux Pays-Bas |
title_auth | Product Market Competition and Economic Performance in the Netherlands |
title_exact_search | Product Market Competition and Economic Performance in the Netherlands |
title_full | Product Market Competition and Economic Performance in the Netherlands Maria, Maher and Michael, Wise = Concurrence sur les marchés de produits et performance économique aux Pays-Bas / Maria, Maher et Michael, Wise |
title_fullStr | Product Market Competition and Economic Performance in the Netherlands Maria, Maher and Michael, Wise = Concurrence sur les marchés de produits et performance économique aux Pays-Bas / Maria, Maher et Michael, Wise |
title_full_unstemmed | Product Market Competition and Economic Performance in the Netherlands Maria, Maher and Michael, Wise = Concurrence sur les marchés de produits et performance économique aux Pays-Bas / Maria, Maher et Michael, Wise |
title_short | Product Market Competition and Economic Performance in the Netherlands |
title_sort | product market competition and economic performance in the netherlands |
topic | Economics Netherlands |
topic_facet | Economics Netherlands |
url | https://doi.org/10.1787/553342376000 |
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