search query: @indexterm Political economy / total: 438
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| Author: | Aghion, P. Schankerman, M. |
| Title: | On the welfare effects and political economy of competition-enhancing policies |
| Journal: | Economic Journal
2004 : OCT, VOL. 114:498, p. 800-824 |
| Index terms: | Competition Political economy Welfare |
| Language: | eng |
| Abstract: | This article analyses the welfare effects that increase product market competition. The authors study the effects of intensified price competition on market selection among incumbent firms, efforts of cost reduction, and entry of new firms. |
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