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Does Democratisation Promote Competition? Evidence from Indonesia

Bibliographic Data

ID9710205
AuthorsMary Hallward-Driemeier (World Bank), Mary Hallward‐driemeier (World Bank), Anna Kochanova (0000-0003-3531-7561, Cardiff Business School, UK), Bob Rijkers (0000-0003-2350-567X, World Bank, corresponding author)
Year2021
Volume131
Issue640
Pages3296-3321
Publication date2021-11-08
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (PUBLISHER • GB)
DOI10.1093/ej/ueab023
OpenAlexW3155385437
LanguageEN
References cited41

Does democratisation promote economic competition? This paper documents that the disruption of political connections associated with Suharto's fall had a modest pro-competitive effect on Indonesian manufacturing industries. Firms with connections to Suharto lost substantial market share following his resignation. Industries in which Suharto family firms had larger market share during his tenure exhibited weak improvements in broader measures of competition in the post-Suharto era relative to industries in which Suharto firms had not been important players

Competition (biology · Democracy · Democratization · Economics · Indonesian · Market competition · Market economy · Market share · Political science · Politics · Corporate Finance and Governance · International Business and FDI · Political Influence and Corporate Strategies

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