Description: By systematically confronting theoretical models with econometric data, a leading macroeconomist and microeconomist present a unified and coherent view how and when productivity gains and economic growth are aided or hindered by competition policy.
Review Quotes: "An engaging presentation of a major research program on the effects of competition on economic growth. The book is an essential guide for sorting out the package of competition policies--antitrust, patent protection, R&D subsidies--that best serve the economy."--Robert J. Barro, Paul M. Warburg Professor of Economics, Harvard University