文章基本信息

标题：Product Market Competition and Economic Performance in Japan
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作者：Jens Høj ; Michael Wise
期刊名称：Economics Department Working Papers / OECD
印刷版ISSN：0259-4633
出版年度：2004
卷号：2004
DOI：10.1787/222508788602
出版社：Organisation for Economic Co-operation and Development (OECD)
摘要：Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many domestically oriented sectors and consumer welfare has suffered under high prices and the slow introduction of new goods and services. This misallocation of resources contributes to explaining why the Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition policies are substantial, the Japanese government has now made the promotion of competitive markets a cornerstone of its economic policy. Reforms to promote product market competition in Japan should inter alia focus on strengthening the legal framework by increasing fines to a deterrent level and introducing cartel destabilising measures, such as a leniency ...
关键词：Japan; transportation; postal services; telecommunications; energy; antitrust law; cartel; productivity and growth; retail sector; competition law; network industries; regulatory reforms; public procurement