反垄断政策如何刺激企业产品的市场竞争力？证据来自反垄断法的实施

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-02-25 DOI:10.1016/j.frl.2025.107062

Xuezhen Gou , Shuai Wang

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引用次数: 0

摘要

本研究从法律角度探讨提升企业产品市场竞争力的影响因素。具体而言，本文利用2006年至2022年的数据，考察了反垄断法对企业产品市场竞争力的影响。研究结果表明，实施反垄断法可以鼓励企业提高产品的市场竞争力，避免竞争效应。此外，生产力的提高、资源配置和融资约束的缓解是积极的驱动因素。研究结果为政府实施公平竞争政策提供了实证依据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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How does the anti-trust policy stimulate firms' product market competitiveness? Evidence from the implementation of the Anti-trust Law

This study explores the influencing factor of boosting enterprises' product market competitiveness from a law perspective. Specifically, this study examines the effects of anti-trust legislation, as embodied by the Anti-trust Law, on enterprises' product market competitiveness using data from 2006 to 2022. Findings reveal that enforcing the Anti-trust Law can encourage enterprises to increase product market competitiveness to avoid the effects of competition. Furthermore, productivity improvement, resource allocation, and the alleviation of financing constraints are positive driving factors. These findings provide empirical evidence for the government to implement fair competition policies.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance