Measuring the Effectiveness of Competition Policy: Evidence from the Turkish Cement Industry

Kulaksizoglu, Tamer (2004): Measuring the Effectiveness of Competition Policy: Evidence from the Turkish Cement Industry.

Abstract

In this paper, I develop a new method to test whether the introduction of competition policy in an industry has had any effects on its market performance. The method is based on the new empirical industrial organization methodology. I apply the method to the Turkish cement industry, which has been heavily investigated by the Turkish Competition Authority. The results show that the introduction of competition policy has had no effect in the market performance of the industry.

• Item Type: MPRA Paper
• Language: English
• Keywords: Competition policy; Market performance; Conduct parameter; Market power; Cement industry
• Subjects: L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L13 - Oligopoly and Other Imperfect Markets; L - Industrial Organization > L6 - Industry Studies: Manufacturing > L61 - Metals and Metal Products ; Cement ; Glass ; Ceramics; C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C32 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes ; State Space Models; L - Industrial Organization > L4 - Antitrust Issues and Policies > L40 - General

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