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Imperfect Competition In The Primary Agricultural Commodity Market In Serbia

Author

Listed:
  • Vesna Paraušić
  • Branko Mihailović
  • Vladana Hamović

Abstract

Development of the primary agricultural production sector in the Republic of Serbia is predominantly restricted by a disorganised and inefficient market of purchase of primary agricultural products. The government should be held responsible for this, because its existing legislation and law-implementing instruments and institutions are failing to secure a healthy market economy. In the future the country will have to demonstrate systematic activity towards regulating and developing the agricultural commodity market, and provide an input for agricultural production. This onlyrepresents the first step, yet nevertheless it is the essential prerequisite for developing a competitive agricultural sector in Serbia.

Suggested Citation

  • Vesna Paraušić & Branko Mihailović & Vladana Hamović, 2010. "Imperfect Competition In The Primary Agricultural Commodity Market In Serbia," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 55(184), pages 113-150, January –.
    • Handle: RePEc:beo:journl:v:55:y:2010:i:184:p:113-150
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    References listed on IDEAS

    as
    1. Vesna Popović & Branko Katić, 2007. "Doha Round Of Wto Negotiations And The Domestic Support For Agriculture In Serbia," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 52(172), pages 93-114, January -.
    2. Liefert, William M. & Swinnen, Johan F.M., 2002. "Changes In Agricultural Markets In Transition Economies," Agricultural Economic Reports 33945, United States Department of Agriculture, Economic Research Service.
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    More about this item

    Keywords

    agricultural commodity market; competitiveness; oligopsony; institutions; ‘grey’ market;
    All these keywords.

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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