• Corpus ID: 59417158

THE EFFECTIVENESS OF COMPETITION LAW IN PROMOTING ECONOMIC DEVELOPMENT

@article{Bolaky2013THEEO,
  title={THE EFFECTIVENESS OF COMPETITION LAW IN PROMOTING ECONOMIC DEVELOPMENT},
  author={Bineswaree Bolaky},
  journal={International journal of economics and finance},
  year={2013},
  volume={5},
  pages={33-43}
}
  • Bineswaree Bolaky
  • Published 1 June 2013
  • Economics
  • International journal of economics and finance
Enforcement of competition law can promote economic development in developing countries. Competition law can stimulate economic development through its impact on intensity of competition and through a signaling effect to investors and entrepreneurs. There is evidence that a country that has enacted and applied a competition law has on average a higher GDP per capita than a country without a competition law. This quantitative impact is half as large as the impact of an institutional variable… 
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