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Market structure and economic transition in the Baltic Republics

Author

Listed:
  • WADSWORTH Frank

    (Indiana University Southeast, New Albany, USA)

  • WHEAT Jerry

    (Indiana University Southeast, New Albany, USA)

  • SWARTZ Brenda

    (Indiana University Southeast, New Albany, USA)

Abstract

Each of the four countries analyzed in this study has gone through a transition period since the fall of the Soviet Union in the early 1990’s. Each has tried different strategies to change their economies and each has different results. The purpose of this paper is to explore and compare the market structure of the four countries 10 years the after transition started. The data for the study comes from the Business Environment and Economic Performance study (BEEPS) 2002 sponsored by the World Bank. While the BEEPS data does not allow us to analyze the effectiveness of the different strategies employed, the data does allow us to compare 2002 market structures and thus the results of the transition.

Suggested Citation

  • WADSWORTH Frank & WHEAT Jerry & SWARTZ Brenda, 2009. "Market structure and economic transition in the Baltic Republics," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1 Special), pages 180-189, July.
  • Handle: RePEc:rom:econmn:v:12:y:2009:i:1special:p:180-189
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    More about this item

    Keywords

    market structure; economic transition; Baltic Republics; BEEPS study;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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