Quotation Weiss, Christoph, Labaj, Martin, Morvay, Karol, Silanič, Peter. 2014. Market Structure in Transition: Entry and Competition in Slovakia. Department of Economic Policy Working Paper Series.


RIS


BibTeX

Abstract

The present paper provides first empirical evidence on the relationship between market size and the number of firms for a transition economy. We estimate size thresholds required to support different numbers of firms for seven retail and professional service industries in a large number of distinct geographic markets in Slovakia. The empirical analysis is carried out for three time periods (1995, 2001 and 2010) characterizing different stages of the transition process. Our results suggest that the relationship between market size and the number of firm has changed substantially over time. While entry threshold ratios tend to be larger than one and decline with the number of firms in most professions in 1995, the estimation results obtained for 2010 suggest entry threshold ratios much closer to one. This finding is consistent with observations suggesting a significant decline in entry barriers as well as an intensification of competition over time.

Tags

Press 'enter' for creating the tag

Publication's profile

Status of publication Published
Affiliation WU
Type of publication Working/discussion paper, preprint
Language English
Title Market Structure in Transition: Entry and Competition in Slovakia
Title of whole publication Department of Economic Policy Working Paper Series
Year 2014
URL http://nhf.euba.sk/docs/KHP/WorkingPapers/dep_wp005.pdf
JEL L22, D22, M13, R11

Associations

People
Weiss, Christoph (Details)
Labaj, Martin (Former researcher)
External
Morvay, Karol (Department of Economic Policy, University of Economics, Bratislava, Slovakia, Slovakia)
Silanič, Peter (University of Economics in Bratislava, Slovakia)
Organization
Institute for Economic Policy and Industrial Economics IN (Details)
Google Scholar: Search