Delegation and varieties of capitalism: Explaining the independence of national competition agencies in the European Union
Delegation and varieties of capitalism: Explaining the independence of national competition agencies in the European Union
复制标题
授权和资本主义的多样性:解释欧盟国家竞争机构的独立性
DOI:
10.1057/cep.2013.6
复制
发表时间:
2014
影响因子:
1.7
通讯作者:
Mattia Guidi
中科院分区:
文献类型:
--
作者:
Mattia Guidi
This article aims to explain why, despite the fact that all national competition authorities (NCAs) in EU member states enforce the same law, relevant differences exist in the degree of independence that these agencies enjoy. The author advances an original theoretical framework according to which the decision on the independence of NCAs depends on the structure of the economic system of a country. In particular, it is hypothesized that the means by which firms operate in the national market affects the tendency of national legislators to delegate more or less independence to the NCA. The statistical analysis carried out shows that both countries with low and high levels of employer density tend to have less independent competition authorities than those of other countries. On the one hand, the findings support the argument, advanced by varieties-of-capitalism scholars, that liberal market economies and coordinated market economies achieve greater efficiency than mixed market economies. On the other, the expectation that all institutional choices should be coherent with the firms’ coordination method is not confirmed.