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| 001 | 222508788602 | ||
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| 008 | 171201s2004 ||| o i|0| 0 eng d | ||
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| 100 | 1 | _aHøj, Jens. | |
| 245 | 1 | 0 |
_aProduct Market Competition and Economic Performance in Japan _h[electronic resource] / _cJens Høj and Michael Wise = Concurrence sur les marchés de produits et performance économique au Japon / Jens Høj et Michael Wise |
| 246 | 3 | 1 | _aConcurrence sur les marchés de produits et performance économique au Japon |
| 260 |
_aParis : _bOECD Publishing, _c2004. |
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| 300 |
_a50 p. ; _c21 x 29.7cm. |
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| 490 | 1 |
_aOECD Economics Department Working Papers, _x18151973 ; _vno.387 |
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| 520 | 3 | _aEmpirical 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 ... | |
| 650 | 4 | _aEconomics | |
| 651 | 4 | _aJapan | |
| 700 | 1 | _aWise, Michael. | |
| 830 | 0 |
_aOECD Economics Department Working Papers, _x18151973 ; _vno.387. |
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| 856 | 4 | 0 |
_aoecd-ilibrary.org _uhttps://s443-doi-org.br.lsproxy.net/10.1787/222508788602 |
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_2ddc _cW-PAPER |
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_c367584 _d326146 |
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