Name File Type Size Last Modified
  Replication package 10/23/2020 01:16:PM

Project Citation: 

Besley, Timothy, Fontana, Nicola, and Limodio, Nicola. Data and Code for:  Antitrust Policies and Profitability in Non-Tradable Sectors. Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-05-24.

Project Description

Summary:  View help for Summary
Firms in tradable sectors are more likely to be subject to external competition to limit market power while non-tradable firms are more dependent on domestic policies and institutions. This paper combines an antitrust index available for multiple countries with firm-level data from Orbis covering more than 10 million firms from 90 countries, covering 20 sectors over 10 years and finds that profit margins of firms operating in non-tradable sectors are significantly lower in countries with stronger antitrust policies compared to firms operating in tradable sectors. The results are robust to a wide variety of empirical specifications.

Scope of Project

Subject Terms:  View help for Subject Terms Competition; Antitrust; Institutions
JEL Classification:  View help for JEL Classification
      D22 Firm Behavior: Empirical Analysis
      E02 Institutions and the Macroeconomy
      L44 Antitrust Policy and Public Enterprises, Nonprofit Institutions, and Professional Organizations
Geographic Coverage:  View help for Geographic Coverage World
Time Period(s):  View help for Time Period(s) 2006 – 2015
Collection Date(s):  View help for Collection Date(s) 2016 – 2017
Universe:  View help for Universe Firm level data aggregated at country-sector level
Data Type(s):  View help for Data Type(s) aggregate data


Data Source:  View help for Data Source Data at country-sector: Orbis-Bureau van Dijk
Antitrust index: Hilton and Deng (2007), Bradford et al. (2019)
GDP per capita, PPP: World Bank; Summary index of Economic Freedom of the World: Fraser Institute; Civil Liberties Index and Political Rights Index: Freedom House; Polity IV and Executive Constraints Index: Centre for Systemic Peace; Overall score among Rule of Law: World Justice Project
Unit(s) of Observation:  View help for Unit(s) of Observation Country-Sector

Related Publications

Published Versions

Export Metadata

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.