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035 _a(FR-PaOEC)
040 _aFR-PaOEC
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_2jelc
084 _aL50
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084 _aH4
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100 1 _aZiegelschmidt, Helmut.
245 1 0 _aProduct Market Competition and Economic Performance in Australia
_h[electronic resource] /
_cHelmut Ziegelschmidt ... [et al] = Concurrence sur les marchés de produits et performance économique en Australie / Helmut Ziegelschmidt ... [et al]
246 3 1 _aConcurrence sur les marchés de produits et performance économique en Australie
260 _aParis :
_bOECD Publishing,
_c2005.
300 _a80 p. ;
_c21 x 29.7cm.
490 1 _aOECD Economics Department Working Papers,
_x18151973 ;
_vno.451
520 3 _aThe OECD Growth Study and other empirical work have shown that the strength of competition in product markets plays an important role in the economic growth process as well as contributing to a more efficient allocation of resources in a static sense. More intense competition is likely to encourage stronger efforts of managers to improve efficiency and induce higher innovative activity, leading to higher multi-factor productivity. This paper begins with a short review of Australia's growth performance since the early 1990s and its possible link to strengthened competitive pressures and their interaction with other economic reforms. Attention is then turned to indicators of product market competition to gauge the strength of competitive pressures. This is followed by an assessment of the general competition policy framework and its role in promoting competition. The next section presents the framework of the National Competition Policy and reviews the completeness of the reform programme and the areas requiring further action. The paper then examines a number of sectors where regulatory policies can be expected to have particularly large impacts. The implications of trade liberalisation on Australia's economic performance and the scope for further improvements are also discussed in some detail. The paper concludes with a set of policy recommendations. This Working Paper relates to the 2005 OECD Economic Survey of Australia (www.oecd.org/eco/surveys/australia).
650 4 _aEconomics
651 4 _aAustralia
_92214
700 1 _aKoutsogeorgopoulou, Vassiliki.
700 1 _aBjornerud, Simen.
700 1 _aWise, Michael.
830 0 _aOECD Economics Department Working Papers,
_x18151973 ;
_vno.451.
856 4 0 _aoecd-ilibrary.org
_uhttps://s443-doi-org.br.lsproxy.net/10.1787/018570574720
942 _2ddc
_cW-PAPER
999 _c365502
_d324064