The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
On the Welfare Effects and Political Economy of Competition‐Enhancing Policies
Open accessAbstract
We analyse the welfare effects of policies that intensify product market competition, and the channels through which they operate. Using a circular model of horizontal product differentiation with asymmetric costs, we study the effects of increased price competition on market selection among incumbent firms, cost reduction effort, and entry of new firms. The model also generates an endogenous demand for competition-enhancing or retarding policies arising from cost heterogeneity, and we demonstrate the possibility of a 'low-competition' political economy trap. Simulations of the model illustrate that the selection effects we analyse, which traditional cost-benefit analysis is unlikely to capture, can be large.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
The colonial origins of comparative development: An empirical investigation
Acemoglu, D., Johnson, S., & Robinson, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1369 · Cited by 8,517
“A Model of Growth: Through Creative Destruction”
Aghion, P., & Howitt, P. (1992) · Econometrica · doi:10.2307/2951599 · Cited by 7,529
Self-citationDjankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399436 · Cited by 3,956 · cited 2×
“…enforcement (McMillan, 1997; McMillan and Woodruff, 1999) and corporate governance (Pistor et al., 2000), policies to reduce regulatory barriers to the entry of new firms (Djankov et al., 2002), and other aspects of good government (Weingast, 1995; Knack and Keefer, 1995; Acemoglu et al., 2001).”
Telecommunications Infrastructure and Economic Development: A Simultaneous Approach
Röller, L.-H., & Waverman, L. (2001) · American Economic Review · doi:10.1257/aer.91.4.909 · Cited by 1,815
Cited by
Competition and Innovation: An Inverted U Relationship
Aghion, P., Bloom, N., Blundell, R. W., Griffith, R., & Howitt, P. (2004) · SSRN Electronic Journal · doi:10.2139/ssrn.1306944 · Cited by 2,117
Self-citationCompetition and innovation: an inverted U relationship
Blundell, R., Howitt, P., Griffith, R., Aghion, P., & Bloom, N. (2002) · Working Paper Series · doi:10.1920/wp.ifs.2002.0204 · Cited by 2,109
Self-citationDeclining Competition and Investment in the U.S.
Gutiérrez, G., & Philippon, T. (2017) · National Bureau of Economic Research · doi:10.3386/w23583 · Cited by 420
Bourlès, R., Cette, G., Lopez, J., Mairesse, J., & Nicoletti, G. (2013) · The Review of Economics and Statistics · doi:10.1162/rest_a_00338 · Cited by 360
Competition Policy and Productivity Growth: An Empirical Assessment
Buccirossi, P., Ciari, L., Duso, T., Spagnolo, G., & Vitale, C. (2013) · The Review of Economics and Statistics · doi:10.1162/rest_a_00304 · Cited by 316
Metadata
- Authors
- Aghion, P., & Schankerman, M.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 2004-09-28
- Volume
- 114
- Issue
- 498
- Pages
- 800-824
- ISSN
- 0013-0133 (ISSN-L)
- 1468-0297
- OpenAlex
- W3125402375
- Cited by
- 160
- References
- 4
- FWCI
- 8.69
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: On the Welfare Effects and Political Economy of Competition‐Enhancing Policies. https://app.cochat.ai/papers/10.1111/j.1468-0297.2004.00244.x
- The paper
- Aghion, P., & Schankerman, M. (2004). On the Welfare Effects and Political Economy of Competition‐Enhancing Policies. The Economic Journal. https://doi.org/10.1111/j.1468-0297.2004.00244.x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.