THE INTERFACE BETWEEN COMPETITION POLICY AND COUNTRY'S ECONOMIC GROWTH: THE CASE OF LITHUANIA
Journal Title: Экономика и финансы - Year 2018, Vol 4, Issue 4
Abstract
Competition policy relevance and positive effects are widely discussed on the micro-economic level, however, the studies that analyze the impact of competition policy on the overall economy of the country are very limited. This article discusses competition policy implementation in the European Union and Lithuania, analyzes the effectiveness of competition policy, the latter's influence over the country's economic factors as well as the case of Lithuania is analyzed, in order to examine the impact of competition policy on the country's economy. The results revealed that Lithuania competition policy has a significant impact on productivity and investment growth in the country which leads to the growth of real GDP, also there is a noticeable direct link between competition policy maintenance funding and foreign direct investment as well as the number of enterprises in the country. However, the research showed that competition laws have no significant effect on inflation.
Authors and Affiliations
Irena Pekarskiene, Ruta Bliekiene, Sima Sarlauskaite
Keywords
Related Articles
- EP ID EP614389
- DOI -
- Views 70
- Downloads 0
УПРАВЛІННЯ ФІНАНСОВОЮ СТІЙКІСТЮ ПІДПРИЄМСТВ
Розглянуто методичні підходи до оцінювання фінансової стійкості, ліквідності та платоспроможності підприємств. Розкрито окремі проблеми в оцінюванні фінансового стану та управління фінансовою стійкістю підприємств.
FORMING OF ORGANIZATIONAL-ECONOMIC MECHANISM OF CORPORATE SOCIAL RESPONSIBILITY MANAGEMENT
Main characteristics of organizational-economic mechanism of corporate social responsibility management were described. The author emphasized advantages and challengers of social responsibility management on national lev...
THEORETICAL BASES OF THE ORGANIZATION OF SPA SERVICES
As the popularity of spa services is growing, the circle of consumers of this type of services is expanding not only at the expense of clients with high incomes, but also at the expense of individuals with moderate incom...
FORMATION OF INVESTMENT ATTRACTIVENESS OF THE REGION: FACTORS OF INFLUENCE
Considered theoretical and methodological aspects of formation of investment attractiveness of the region and its investment climate, through the study of methodical approaches to the grouping of influencing factors and...
ОСОБЛИВОСТІ РЕАЛІЗАЦІЇ МУЛЬТИМЕДІЙНОГО ЗАСІБУ РОЗВИТКУ ЧАСОВОЇ РЕАКЦІЇ ЛЮДИНИ
В статті розглянуті особливості процесу розвитку часової реакції людини. В процесі роботи було з’ясовано, що розвиток швидкості реагування людини (пілота), у професійній діяльності мають величезне значення, та потребують...