ANTITRUST ENFORCEMENT AND ECONOMIC GROWTH

Abstract

This paper presents a “Granger Causality” analysis of the relationship between the antitrust enforcement activities of the Department of Justice and economic growth in the U.S. economy from 1891 to 2002. Professor Posner posed the question 35 years ago about whether there was a relationship between the two economic variables. The empirical results show some economic impact from antitrust enforcement on economic growth and little feedback.

Citation

Slottje, D. (2004), "ANTITRUST ENFORCEMENT AND ECONOMIC GROWTH", Bishop, J.A. and Amiel, Y. (Ed.) Studies on Economic Well-Being: Essays in the Honor of John P. Formby (Research on Economic Inequality, Vol. 12), Emerald Group Publishing Limited, Leeds, pp. 311-318. https://doi.org/10.1016/S1049-2585(04)12013-9