Welfare and Competition : A Simulation Approach
This note focuses on the welfare and competition (WELCOM) microsimulation tool. WELCOM, an easy-to-use stata-based package with minimum data requirements, was conceived as part of larger World Bank efforts to better understand how competition polic...
| Main Authors: | , , |
|---|---|
| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/711951596003624866/Welfare-and-Competition-WELCOM-A-Simulation-Approach http://hdl.handle.net/10986/34310 |
| Summary: | This note focuses on the welfare and
competition (WELCOM) microsimulation tool. WELCOM, an
easy-to-use stata-based package with minimum data
requirements, was conceived as part of larger World Bank
efforts to better understand how competition policy can
improve market efficiency and reduce poverty, especially in
developing countries. Using examples from Mexico and
Ethiopia in the telecommunications and food sectors, this
note shows how WELCOM can estimate likely distributional
effects - that is, decrease in price and poverty, and
increase in product uptake - from expanding competition. |
|---|