In this article, I explain the inadequacy of our current state of knowledge regarding the effectiveness of antitrust … the effectiveness of antitrust policy. There are two types of data one requires in order to perform such an analysis. One … with the first type that a reliable analysis of antitrust policy can be carried out. There is a need both to collect the …

This paper presents a non-technical discussion of economic issues that arise due to links between competition (or anti-trust …) policy and international trade. While recent advances in international trade theory have borrowed heavily from the industrial … organization literature, this work has a schizophrenic quality to it. One of the insights that motivated the new trade theory was …

will be incorporated into the next generation of the Penn World Table …

,' developed in trade theory to analyze the benefits from promoting entry of domestic firms in the manufacturing sector. In a … trade predicted by the theory are present in data and are quantitatively important …

We study the importance of discretion in antitrust enforcement by analyzing the response of asset prices to the sudden … American history occurred, and his administration did not attempt to use antitrust laws to restrain any of those mergers. His … anticompetitive behavior. We find that firms with greater vulnerability to antitrust enforcement saw greater declines in their …

In this paper we review issues relating to antitrust and competition in health care markets. The paper begins with a … brief review of antitrust legislation. We then discuss whether and how health care is different from other industries in … ways that might affect the optimality of competition. The paper then focuses on the main areas in which antitrust has been …