The Measurement of Product Market Competition

Roger M. Barker

in Corporate Governance, Competition, and Political Parties

Published in print January 2010 | ISBN: 9780199576814
Published online May 2010 | e-ISBN: 9780191722509 | DOI:
The Measurement of Product Market Competition

Show Summary Details


An evaluation is made of potential ways in which product market competition can be operationalized as part of a panel data econometric analysis. As with corporate governance, it is necessary to identify suitable proxy variables. The OECD's NMR index is chosen as the most plausible measure of product market competition, an assessment reflected in its widespread utilization in the empirical economics literature.

Keywords: product market competition; economic rents; proxy variables; NMR index

Chapter.  7875 words.  Illustrated.

Subjects: International Business

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.