Structural features of modern sectoral markets in Russia
AbstractThe paper proposes a new classification of industrial market players (firms) by indicators such as «concentration of firms» and «sustainability of leading market positions». This classiiication allows identifying the several types of markets which can be characterized by their market power and models of players' behavior. We analyse Russian markets by applying such classification criteria, and show that the «concentration of firms» for all markets under study proved to have high values. This means that there can be observed the dominating players in the markets, while of a different dominating degree (therefore, market power). As such players dominate in markets, no further development of liberal forms of competition may be expected, as well as the players' behavior models prevailing in markets are far from traditional forms of competitiveness.
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Bibliographic InfoArticle provided by Institute of Economics and Industrial Engineering of Siberian Branch of RAS in its journal Journal "Region: Economics and Sociology".
Volume (Year): 4 (2009)
Issue (Month): ()
Note: Regional and Interregional Aspects of Structural and Investment Policy
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Web page: http://region.socionet.ru/
market; structure; classification; firm; analysis; competitiveness; monopolization; stability; sustainability; market power;
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