Still in the Era of Area Studies? Political-Scientific Perspectives on European Competition Policy in the 2000s

This note reviews the political-scientific literature on European competition policy (ECP) in the 2000s. Based on a data set extracted from four well-known journals, and using an upfront methodology and explicit criteria, it analyzes the literature both quantitatively and qualitatively. On the quantitative side, it shows that, although a few sub-policy areas are still neglected, ECP is not the under-researched policy it used to be. On the qualitative side, the literature has greatly improved since the 1990s: Almost all articles now present a clear research question, and most advance specific theoretical claims/hypotheses. Yet, improvements can be made on research design, statistical testing, and, above all, state-of-the-art theorizing (e.g. in the game-theoretical treatment of delegation problems). Indeed, it is paradoxical that ECP specialists do not pay more attention to theoretical questions which are so central to the actual policy area they study.

Some Considerations Concerning Regulation and Competition in the Port Sector

The aim of this paper is to discuss the circumstances in which the process of competition between ports takes place in Spain − circumstances arising from the way the port system is currently set up and from the regulations governing it. The importance of this matter lies both in the fact that intensified competition between ports is the way to set about boosting the efficiency of the Spanish port sector and in the relevance of this business to the economies of the regions in which the ports are located. It is precisely for this reason that the reform instituted in 1992 aimed to combine balanced development of the national port system with the defence of the interests of autonomous regions. To this end the current regulatory framework provides for the possibility of port authorities drawing up their own competitive strategies, but makes their implementation conditional upon approval of their business plan by the Spanish state port authority. The latter body coordinates the national port system to ensure the guidelines set by the central government authorities are followed in the field of transport. However, the scale of the differences which exist among both the size of facilities and their relevant markets on the one hand, and the financial and economic circumstances of each of them on the other, suggest that each port authority's needs must be very different. Consequently, their competitive strategies must also be very different. It is therefore valid to ask whether coping with this diversity calls for different guidelines to regulate their freedom of action. Key words: Competition, regulation, port sector JEL classification numbers: L1, L5, L9

Iceberg transport technologies in spatial competition. Hotelling reborn

Transport costs in address models of differentiation are usually modeled as separable of the consumption commodity and with a parametric price. However, there are many sectors in an economy where such modeling is not satisfactory either because transportation is supplied under oligopolistic conditions or because there is a difference (loss) between the amount delivered at the point of production and the amount received at the point of consumption. This paper is a first attempt to tackle these issues proposing to study competition in spatial models using an iceberg-like transport cost technology allowing for concave and convex melting functions.

Trade liberalization, competition and growth

Increasing evidence support the claim that international trade enhances innovation and productivity growth through an increase in competition. This paper develops a two-country endogenous growth model, with firm specific R&D and a continuum of oligopolistic sectors under Cournot competition to provide a theoretical support to this claim. Since countries are assumed to produce the same set of varieties, trade openness makes markets more competitive, reducing prices and increasing quantities. Under Cournot competition, trade is pro-competitive. Since firms undertake cost reducing innovations, the increase in production induced by a more competitive market push firms to innovate more. Consequently, a reduction on trade barriers enhances growth by reducing domestic firm's market power.

Monopolistic competition and different wage setting systems

In this paper we match the static disequilibrium unemployment model without frictions in the labor market and monopolistic competition with an infinite horizon model of growth. We compare the wages set at the firm, sector and national (centralized) levels, their unemployment rates and growth of the economic variables, for the Cobb-Douglas production function, in order to see under wich conditions the inverse U hypothesis between unemployment and centralization of wage bargain is confirmed. We also analyze, in the three wage setting systems, the effect of an increase in the monopoly power on employment and growth.

Trade, firm selection, and innovation: the competition channel

The availability of rich firm-level data sets has recently led researchers to uncover new evidence on the effects of trade liberalization. First, trade openness forces the least productive firms to exit the market. Secondly, it induces surviving firms to increase their innovation efforts and thirdly, it increases the degree of product market competition. In this paper we propose a model aimed at providing a coherent interpretation of these findings. We introducing firm heterogeneity into an innovation-driven growth model, where incumbent firms operating in oligopolistic industries perform cost-reducing innovations. In this framework, trade liberalization leads to higher product market competition, lower markups and higher quantity produced. These changes in markups and quantities, in turn, promote innovation and productivity growth through a direct competition effect, based on the increase in the size of the market, and a selection effect, produced by the reallocation of resources towards more productive firms. Calibrated to match US aggregate and firm-level statistics, the model predicts that a 10 percent reduction in variable trade costs reduces markups by 1:15 percent, firm surviving probabilities by 1 percent, and induces an increase in productivity growth of about 13 percent. More than 90 percent of the trade-induced growth increase can be attributed to the selection effect.

Validació creuada en població penitenciària de criteris psicomètrics i tècnics per la predicció de conductes adaptatives i factors de risc

La predicció del grau d’adaptació de les persones que ingressen als centres penitenciaris és un element clau per poder minimitzar problemes regimentals i, alhora, facilitar el procés de rehabilitació. Els elements predictors es poden fonamentar en variables psicomètriques (mesurades mitjançant qüestionaris psicològics) i també en judicis tècnics professionals, basats en l’acumulació d’experiència obtinguda pel treball. En aquesta investigació, es validen dos qüestionaris psicomètrics que poden ser útils per predir el grau d’adaptació regimental: un de personalitat, el CPS (Cuestionario de Personalidad Situacional) i l’altre d’impulsivitat, el BARRAT (BIS-11). Els resultats demostren que les variables del CPS prediuen millor el comportament conflictiu, mentre que la impulsivitat mesurada pel BARRAT prediu millor el comportament adaptat. També es validen els criteris tècnics psicològic (judici tècnic emès per part del psicòleg) i criminològic (judici tècnic emès per part del jurista criminòleg). El pas següent ha estat fer una validació creuada que consisteix en la comparació mútua entre el criteris psicomètrics i els tècnics, per veure quines variables són finalment seleccionades de cara a la predicció de la variable més rellevant de l’adaptació regimental: haver tingut o no una regressió de grau de tractament penitenciari. Els resultats demostren que no hi ha una superioritat dels criteris psicomètrics sobre els criteris tècnics i que no estan oposats, sinó que es reforcen mútuament per millorar la predicció del grau d’adaptació regimental. El poder predictiu de les variables seleccionades és encara més alt quan es tracta de predir l’adaptació al règim penitenciari dels interns primaris (els que ingressen per primera vegada a la presó) que quan es refereix als reincidents. D’altra banda, s’ha baremat el qüestionari d’impulsivitat de BARRAT (BIS-11) en població penitenciària per convertir-lo en una eina de pronòstic, tant de comportament regimental com de reincidència penal.

Estudi de l'organogènesi del sistema reproductor de la cabra de mar (Maja brachydactyla) i efecte dels factors ambientals sobre la reproducció en captivitat

Diferents aspectes de la reproducció de la cabra de mar Maja brachydactyla s’han estudiat amb l’objectiu d’obtenir coneixements bàsics i aplicats al cultiu en captivitat d’aquesta espècie de gran interès comercial i aqüícola. L’anatomia interna de l’aparell reproductor masculí, el procés d’espermatogènesi, amb especial èmfasi amb la formació de l’acrosoma, i l’estructura i organització l’espermatozoide s’han descrit amb tècniques microscòpiques avançades. El desenvolupament de les gònades durant els primeres fases del desenvolupament post- embrionari (fases larvàries i primer cranc juvenil) han estat descrites mitjançant la quantificació de l’expressió del gen vasa, el qual és expressat específicament per les cèl•lules de la línia germinal. Aquests coneixements són bàsics per a la comprensió del paper dels mascles en la la reproducció i la seva aplicació posterior en condicions de captivitat. La reproducció en captivitat s’ha estudiat amb una sèrie d’experiments amb l’objectiu de determinar la quantitat, pes sec i composició bioquímica proximal de les larves acabades d’eclosionar en condicions de captivitat i l’efecte de les condicions ambientals, com ara el fotoperíode i la salinitat, sobre aquests paràmetres. Aquests experiments demostren què es poden obtenir larves de la cabra de mar en condicions de captivitat què podrien ser utilitzades per a la producció i l’efecte sobre la reproducció del fotoperíode i salinitat.

Environmental factors and social entrepreneurship

Social entrepreneurship has been a subject of growing interest by academics and governments, however little still being known about environmental factors that affect this phenomenon. The main objective of this study is to analyze how these factors affect social entrepreneurial activity, in the light of the institutional economic theory as the conceptual framework. Using linear regression analysis for a sample of 49 countries, is studied the impact of informal institutions (social needs, societal attitudes and education) and formal institutions (public spending, access to finance and governance effectiveness) on social entrepreneurial activity. The findings suggest that while societal attitudes increase the rates of social entrepreneurship, public spending has a negative relationship with this phenomenon. Finally, the empirical evidence found could be useful for the definition of government policies on promoting social entrepreneurship.

What if there was a stronger pharmaceutical price competition in Spain? When regulation has a similar effect to collusion

This paper examines statins competition in the Spanish pharmaceutical market, where prices are highly regulated, and simulates a situation in which there is unrestricted price competition. A nested logit demand model is estimated with a panel of monthly data for pharmaceuticals prescribed from 1997 to 2005. The simulation indicates that the regulation of prices is similar in its effects to cooperation among producers, since the regulated prices are close to those that would be observed in a scenario of perfect collusion. Freedom to set prices and a regulatory framework with appropriate incentives would result in a general reduction in prices and may make the current veiled competition in the form of discounts to pharmacists become more visible. The decrease in prices would be partially offset by an increase in consumption but the net effect would be an overall decrease in expenditure. The counterfactual set-up would also lead to important changes in the market shares of both manufacturers and active ingredients, and a reversal of generic drugs. Therefore, pro-competitive regulation would be welfare-enhancing but would imply winners and losers.

Generic drugs in Spain: price competition vs. moral hazard

This paper examines competition between generic and brand-name drugs in the regulated Spanish pharmaceutical market. A nested logit demand model is specified for the three most consumed therapeutic subgroups in Spain: statins (anticholesterol), selective serotonin reuptake inhibitors (antidepressants) and proton pump inhibitors (antiulcers). The model is estimated with instrumental variables from a panel of monthly prescription data from 1999 to 2005. The dataset distinguishes between three different levels of patients’ copayments within the prescriptions and the results show that the greater the level of insurance that the patient has (and therefore the lower the patient’s copayment), the lower the proportion of generic prescriptions made by physicians. It seems that the low level of copayment has delayed the penetration of generics into the Spanish market. Additionally, the estimation of the demand model suggests that the substitution rules and promotional efforts associated with the reference pricing system have increased generic market share, and that being among the first generic entrants has an additional positive effect.

Cross-country polarisation in CO2 emissions per capita in the European Union: changes and explanatory factors

In this study, we analyse the degree of polarisation-a concept fundamentally different from that of inequality-in the international distribution of CO2 emissions per capita in the European Union. It is analytically relevant to examine the degree of instability inherent to a distribution and, in the analysed case, the likelihood that the distribution and its evolution will increase or decrease the chances of reaching an agreement. Two approaches were used to measure polarisation: the endogenous approach, in which countries are grouped according to their similarity in terms of emissions, and the exogenous approach, in which countries are grouped geographically. Our findings indicate a clear decrease in polarisation since the mid-1990s, which can essentially be explained by the fact that the different groups of countries have converged (i.e. antagonism among the CO2 emitters has decreased) as the contribution of energy intensity to between-group differences has decreased. This lower degree of polarisation in CO2 distribution suggests a situation more conducive to the possibility of reaching EU-wide agreements on the mitigation of CO2 emissions.

Explanatory factors of CO2 per capita emission inequality in the European Union

The design of European mitigation policies requires a detailed examination of the factors explaining the unequal emissions in the different countries. This research analyzes the evolution of inequality in CO2 per capita emissions in the European Union (EU-27) in the 1990-2006 period and its explanatory factors. For this purpose, we decompose the Theil index of inequality into the contributions of the different Kaya factors. The decomposition is also applied to the inequality between and within groups of countries (North Europe, South Europe, and East Europe). The analysis shows an important reduction in inequality, to a large extent due to the smaller differences between groups and because of the lower contribution of the energy intensity factor. The importance of the GDP per capita factor increases and becomes the main explanatory factor. However, within the different groups of countries the carbonization index appears to be the most relevant factor in explaining inequalities.

Competition for Procurement Shares

We propose a new procurement procedure which allocates shares of the total amount to be procured depending on the bids of suppliers. Among the properties of the mechanism are: (i) Bidders have an incentive to par- ticipate in the procurement procedure, as equilibrium payoffs are strictly positive. (ii) The mechanism allows to vary the extent to which affirma- tive action objectives, like promoting local industries, are pursued. (iii) Surprisingly, even accomplishing affirmative action goals, procurement ex- penditures might be lower than under a classical auction format. Keywords: Procurement Auction, Affirmative Action. JEL: C72, D44, H57

Factors d'uniformització de la narrativa mainstream: el procés de desenvolupament del guió a Hollywood

Sis grans conglomerats de la comunicació són els responsables de la majoria de pel·lícules que consumeix la societat que ens rodeja. Aquesta indústria té uns mecanismes per a assegurar un flux continu d'èxits. El procés de selecció i de reescriptures d'un guió, la contractació de guionistes i el mercat subsidiari que hi ha entorn del guió són part d'aquests mecanismes que, per altre cantó, tendeixen a uniformitzar la forma narrativa de les pel·lícules actuals. En aquest treball, es busquen elements narratius presents en la majoria de pel·lícules i com influeixen en el paper que ocupa el guionista dins la indústria