TY  - BOOK
AU  - Martinez Licetti,Martha
AU  - Pop,Georgiana
AU  - Nyman,Sara
AU  - Begazo Gomez,Tania Priscilla
TI  - A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth
T2  - Trade and Development
SN  - 9781464809460
AV  - HC79.E5.S74 2017 
PY  - 2017///
CY  - Herndon
PB  - World Bank Publications
KW  - Sustainable development
KW  - Electronic books
N1  - Cover -- Half Title -- Title -- Copyright -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Part I: Competition Policy, Shared Prosperity, Poverty Alleviation, and Inclusive Growth: Empirical Evidence to Support Policy Action -- 1. Introduction -- 1.1 What Is Competition Policy? -- 1.2 How Does the Degree of Competition Affect Poverty, Shared Prosperity, and Inclusive Growth? -- 1.3 In Which Sectors Can Safeguarding Competition Maximize Benefits for the Poor? -- Notes -- Bibliography -- 2. Effects of Market Competition and Competition Policies -- 2.1 Direct Welfare Effects on the Level and Distribution of Household Welfare -- 2.2 Dynamic Effects: Competition as a Driver of Productivity, Innovation, and Economic Growth -- 2.3 Further Research for a Policy Agenda -- Notes -- Bibliography -- Part II: New Research on Competition Policies and Their Welfare-Enhancing Effects -- 3. Cartel Damages to the Economy: An Assessment for Developing Countries -- 3.1 Introduction -- 3.2 Collected Data: Cartels' Profiles in Developing Countries -- 3.3 Estimation of Price Overcharges -- 3.4 Aggregated Cartels' Effects -- 3.5 Estimation of the Deterrence Rate -- 3.6 Conclusions and Policy Implications -- Annex 3A: Major "Hard-Core" Cartels Prosecuted in Selected Developing Countries, 1995-2013 -- Annex 3B: Questionnaire Submitted to Local Competition Authorities -- Annex 3C: Example of the Calibration and Estimation Procedure: Civil Airlines in Brazil -- Notes -- Bibliography -- 4. Undermining Inclusive Growth? Effects of Coordination on Fertilizer Prices in Malawi, Tanzania, and Zambia -- 4.1 Introduction -- 4.2 Inclusion, Cartels, and Recent Experiences in Fertilizer Markets in the Region -- 4.3 Fertilizer Pricing in Malawi, Tanzania, and Zambia -- 4.4 Changing Dynamics in Fertilizer Markets in Tanzania and Zambia; 4.5 Conclusions and Policy Implications -- Notes -- Bibliography -- 5. Market Power and Wealth Distribution -- 5.1 Introduction -- 5.2 Model -- 5.3 Data -- 5.4 Calibration of Impacts -- 5.5 Conclusions and Policy Implications -- Notes -- Bibliography -- 6. Distributional Macroeconomic Effects of the European Union Competition Policy: A General Equilibrium Analysis -- 6.1 Introduction -- 6.2 Integrated Framework -- 6.3 Measuring the Microeconomic Effects of Important Merger and Cartel Decisions -- 6.4 QUEST Model -- 6.5 Model Simulations -- 6.6 Conclusions and Policy Implications -- Notes -- Bibliography -- 7. Effect of Competition Law on Innovation: A Cross-National Statistical Analysis -- 7.1 Introduction -- 7.2 Theory -- 7.3 Review of the Empirical Literature -- 7.4 Empirical Analysis -- 7.5 Conclusions and Policy Implications -- Notes -- Bibliography -- Glossary -- Boxes -- 1.1 Who Are the Bottom 40 Percent? -- 2.1 Mexico: Poor and Rural Households Are Disproportionately Affected by Monopolies -- 2.2 Calculating Overcharges from Anticompetitive Behavior -- 2.3 Competition in Public Procurement Allows Governments to Deliver Key Goods and Services for Poverty Alleviation -- 2.4 Pro-Competition Effects of Trade Reform and Its Interaction with Competition Policy -- 2.5 Role of Ex Ante Sector Regulation in Safeguarding Competition -- 6.1 Empirical Work Analyzing the Macroeconomic Impact of Competition Policy -- 6.2 Guiding Principles and Methodology Suggested by the OECD to Calculate Customer Savings -- Figures -- 1.1 Key Drivers of Poverty Reduction, and How They Relate to Competition -- 1.2 Mechanisms through Which Competition Affects Poverty Reduction and Shared Prosperity -- 1.3 Average Proportion of Different Products in Consumption Baskets across 13 Countries; 1.4 Proportion of Consumption Consisting of Food and Nonalcoholic Beverages, by Income Decile -- 1.5 Proportion of Consumption Consisting of Transportation, by Income Decile -- 1.6 Factors That Facilitate Cartels, and How They Relate to This Review's Focal Sectors -- 1.7 Product and Service Groups in Which Latin American Competition Authorities Sanctioned Cartels, 1995-2015 -- 2.1 Distribution of Cartel Episodes and Overcharges Determined by Competition Authorities, by Region -- 2.2 Product Market Regulation and Productivity Acceleration in India, by State -- 3.1 Comparison of Penalty-Excess Profits Ratios -- 4.1 Urea Monthly (National Average Delivered) Prices, 2010-14 -- 4.2 CAN Monthly (National Average Delivered) Prices, 2010-14 -- 5.1 Australia: Illustration of Impact of Monopoly, by Wealth Decile -- 5.2 Canada: Illustration of Impact of Monopoly, by Wealth Decile -- 5.3 France: Illustration of Impact of Monopoly, by Wealth Decile -- 5.4 Germany: Illustration of Impact of Monopoly, by Wealth Decile -- 5.5 Japan: Illustration of Impact of Monopoly, by Wealth Decile -- 5.6 Republic of Korea: Illustration of Impact of Monopoly, by Wealth Decile -- 5.7 United Kingdom: Illustration of Impact of Monopoly, by Wealth Decile -- 5.8 United States: Illustration of Impact of Monopoly, by Wealth Decile -- 6.1 An Integrated Framework to Assess the Impact of Competition Policy -- 7.1 Coefficient Plot: Estimated Effect of Competition Law Duration on Logged U.S. Patent Production, 1965-2014 -- 7.2 Estimated Substantive Effect for Years with Statistically Significant Effect -- 7.3 Coefficient Plot: Estimated Effect of Competition Law Duration on Logged WIPO Patent Production, 1965-2014 -- Maps -- B1.1.1 Income of the Richest Person in the Bottom 40 Percent across Countries -- B2.1.1 Relative Welfare Losses Resulting from Uncompetitive Market Structures, by State; Tables -- 1.1 A Comprehensive Competition Policy Framework -- 2.1 Summary of Recent Economic Survey Findings of Cartel Overcharges -- 3.1 Descriptive Statistics of the Collected Sample of Cartels -- 3.2 Comparison of Cartel Price Overcharges from Existing Studies -- 3.3 Estimates of Price Overcharges and Output Losses Obtained with the Use of the Developed Methodology -- 3.4 Availability of Quantified Impacts of Detected Cartels -- 3.5 Estimates of Aggregated Economic Harm Caused by Cartelization -- 3A.1 Major "Hard-Core" Cartels Prosecuted in Selected Developing Countries, 1995-2013 -- 3C.1 Available Input Data, July 1999 -- 3C.2 Calibrated Price Sensitivity Parameter (α) -- 3C.3 Calibrated Parameters of Differentiation (δj) -- 3C.4 Estimated Price Overcharge -- 3C.5 Estimated Consumer Welfare Losses -- 4.1 Average Annual Fertilizer (Urea) Prices and International FOB Prices, 2010-13 -- 4.2 Port and Landlocked Country Price Benchmarks, 2013 -- 4.3 Markups over Benchmark Competitive Prices, by Country, 2013 -- 4.4 Urea Price Composition in Mbeya, Tanzania -- 5.1 Definition and Sources of Variables -- 5.2 Selected Variables and Sources, by Country -- 5.3 Australia: Existing Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile -- 5.4 Canada: Existing Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile -- 5.5 France: Existing Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile -- 5.6 Germany: Existing Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile -- 5.7 Japan: Existing Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile -- 5.8 Republic of Korea: Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile; 5.9 United Kingdom: Existing Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile -- 5.10 United States: Existing Distributions of Business Ownership, Consumer Expenditures, and Net Worth, by Wealth Decile -- 5.11 Australia: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.12 Canada: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.13 France: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.14 Germany: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.15 Japan: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.16 Republic of Korea: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.17 United Kingdom: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.18 United States: Impacts of Market Power with Varying Monopoly Life Span, by Wealth Decile -- 5.19 Comparative Impacts of Market Power in the Eight Countries of Analysis -- 6.1 Overview of Assumptions Used by the European Commission -- 6.2 Estimates of Annual Customer Savings -- B6.2.1 Assumptions Proposed by the OECD -- 6.3 Summary of Results of Surveys on Deterrent Effects -- 6.4 Magnitude of Markup Shock -- 6.5 Macroeconomic Effects of Markup Shock -- 6.6 Distributional Effects of Markup Shock -- 7.1 Summary Statistics for Full Dataset, with Imputed Values -- 7.2 Summary Statistics for Nonimputed Data -- 7.3 Cross-Sectional Relationship between Competition Law Duration and Logged U.S. Patent Production, 2014 -- 7.4 Cross-Sectional Relationship between Competition Law Duration and Logged WIPO Patent Production, 2014 -- 7.5 Cross-Sectional Relationship between Competition Law Duration and Logged Patent Production, 2014; 7.6 Panel Estimates of the Relationship between Competition Law Duration and Logged Patent Production with Year and Country Random Effects
UR  - https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=4733150
ER  -