Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation

Even though many countries have opened to trade, markets in developing economies oftenunderperform due to anticompetitive behavior and restrictive regulatory frameworks by a fewdominant players. Effective competition policies offer a tool to comple...

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Main Authors:	Martinez Licetti, Martha, Miralles Murciego, Graciela, De Aguiar Falco, Guilherme, Ore Monago, Tilsa, Ringeling, Camila
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	COMPETITION POLICY COMPETITION LAW ANTITRUST LAW ECONOMIC REGULATION PREFERENTIAL TRADE AGREEMENTS
Online Access:	http://documents.worldbank.org/curated/en/696871585113557597/Deep-Versus-Shallow-PTAs-Rules-Affecting-Competition-Dynamics-Antitrust-Competitive-Neutrality-and-Pro-Competition-Economic-Regulation http://hdl.handle.net/10986/33551

id	okr-10986-33551
recordtype	oai_dc
spelling	okr-10986-335512021-05-25T09:34:39Z Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation Martinez Licetti, Martha Miralles Murciego, Graciela De Aguiar Falco, Guilherme Ore Monago, Tilsa Ringeling, Camila COMPETITION POLICY COMPETITION LAW ANTITRUST LAW ECONOMIC REGULATION PREFERENTIAL TRADE AGREEMENTS Even though many countries have opened to trade, markets in developing economies oftenunderperform due to anticompetitive behavior and restrictive regulatory frameworks by a fewdominant players. Effective competition policies offer a tool to complement and support governments’ efforts to reduce barriers to trade. Active competition among market players has the potential to mitigate vested interests and facilitate the opening of markets to trade and investment. Greater competition within national markets reinforces international competitiveness of potential exporters through increased incentives to foster productivity, innovation and efficiency. Additionally, international trade reinforces competition in national markets by increasing contestability, entry and rivalry through increased presence of foreign products, services and investments. Empirical evidence suggests, for example, that: (i) the elimination of entry barriers, increased rivalry and leveling the playing field in upstream sectors contribute to export competitiveness in downstream manufacturing sectors; (ii) pro-competition market regulation that reduces restrictions and promotes competition is an important determinant for trade; (iii) competition law enforcement can be traced to export performance and is complementary to trade reforms; and (iv) industries with more intense domestic competition will export more. 2020-04-09T16:18:23Z 2020-04-09T16:18:23Z 2020-01 Report http://documents.worldbank.org/curated/en/696871585113557597/Deep-Versus-Shallow-PTAs-Rules-Affecting-Competition-Dynamics-Antitrust-Competitive-Neutrality-and-Pro-Competition-Economic-Regulation http://hdl.handle.net/10986/33551 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: PSD, Privatization and Industrial Policy
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	COMPETITION POLICY COMPETITION LAW ANTITRUST LAW ECONOMIC REGULATION PREFERENTIAL TRADE AGREEMENTS
spellingShingle	COMPETITION POLICY COMPETITION LAW ANTITRUST LAW ECONOMIC REGULATION PREFERENTIAL TRADE AGREEMENTS Martinez Licetti, Martha Miralles Murciego, Graciela De Aguiar Falco, Guilherme Ore Monago, Tilsa Ringeling, Camila Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation
description	Even though many countries have opened to trade, markets in developing economies oftenunderperform due to anticompetitive behavior and restrictive regulatory frameworks by a fewdominant players. Effective competition policies offer a tool to complement and support governments’ efforts to reduce barriers to trade. Active competition among market players has the potential to mitigate vested interests and facilitate the opening of markets to trade and investment. Greater competition within national markets reinforces international competitiveness of potential exporters through increased incentives to foster productivity, innovation and efficiency. Additionally, international trade reinforces competition in national markets by increasing contestability, entry and rivalry through increased presence of foreign products, services and investments. Empirical evidence suggests, for example, that: (i) the elimination of entry barriers, increased rivalry and leveling the playing field in upstream sectors contribute to export competitiveness in downstream manufacturing sectors; (ii) pro-competition market regulation that reduces restrictions and promotes competition is an important determinant for trade; (iii) competition law enforcement can be traced to export performance and is complementary to trade reforms; and (iv) industries with more intense domestic competition will export more.
format	Report
author	Martinez Licetti, Martha Miralles Murciego, Graciela De Aguiar Falco, Guilherme Ore Monago, Tilsa Ringeling, Camila
author_facet	Martinez Licetti, Martha Miralles Murciego, Graciela De Aguiar Falco, Guilherme Ore Monago, Tilsa Ringeling, Camila
author_sort	Martinez Licetti, Martha
title	Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation
title_short	Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation
title_full	Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation
title_fullStr	Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation
title_full_unstemmed	Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation
title_sort	deep versus shallow ptas : rules affecting competition dynamics–antitrust, competitive neutrality, and pro-competition economic regulation
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/696871585113557597/Deep-Versus-Shallow-PTAs-Rules-Affecting-Competition-Dynamics-Antitrust-Competitive-Neutrality-and-Pro-Competition-Economic-Regulation http://hdl.handle.net/10986/33551
_version_	1764479008410435584

Deep Versus Shallow PTAs : Rules Affecting Competition Dynamics–Antitrust, Competitive Neutrality, and Pro-Competition Economic Regulation

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