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Product Market Competition and Economic Performance in Switzerland

Author

Listed:
  • Claude Giorno
  • Miguel Jimenez
  • Philippe Gugler

Abstract

The strength of product market competition plays an important role in ensuring dynamic economic growth. This paper examines product market competition and its link with economic performance in Switzerland whose growth has been weaker than in most OECD countries since 1980. It shows that substantial progress in reforming product markets can be made in many areas, which would contribute to reduce the excessive price differential vis-à-vis other countries and stimulate growth. These reforms should focus on the legal framework of competition, the network industries, the health sector, the revision of the Domestic Market Act, agriculture, the restriction on parallel imports and, more generally, the opening up of services to foreign competition ...

Suggested Citation

  • Claude Giorno & Miguel Jimenez & Philippe Gugler, 2004. "Product Market Competition and Economic Performance in Switzerland," OECD Economics Department Working Papers 383, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:383-en
    DOI: 10.1787/336304241158
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    More about this item

    Keywords

    aggregate productivity and growth; agriculture; cartel; competition; health; network industries; parallel imports; protection; Switzerland;
    All these keywords.

    JEL classification:

    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
    • L8 - Industrial Organization - - Industry Studies: Services
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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