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Time will tell? Medium-term effects of the use of the Trade Act

Author

Listed:
  • Radaev, Vadim

    () (National Research University Higher School of Economics)

Abstract

The article estimates the medium-term consequences of the introduction of the Trade Act, designed to restore the "balance of market forces" between retail chains and their suppliers. Based on the analysis of data of standardized survey of 843 retailers and suppliers, the HSE conducted in November and December 2013 in five major Russian cities of Russia in the food and non-food sectors, it is concluded that the expected easing contractual terms for suppliers did not happen. It concerns the conditions of entry to the market, the prevalence of other contractual requirements and the overall level of stiffness contractual requirements. At the same time companies have increased administrative costs due to additional supervision by the state.

Suggested Citation

  • Radaev, Vadim, 2014. "Time will tell? Medium-term effects of the use of the Trade Act," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, pages 75-98, October.
  • Handle: RePEc:rnp:ecopol:ep1455
    as

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    References listed on IDEAS

    as
    1. Vadim Radaev, 2010. "Administrative Regulation of the Market Rules How the Federal Law on Retail Trade Was Elaborated," Public administration issues, Higher School of Economics, issue 3, pages 5-35.
    2. Benjamin Klein & Joshua D. Wright, 2007. "The Economics of Slotting Contracts," Journal of Law and Economics, University of Chicago Press, vol. 50, pages 421-454.
    3. Vadim Radaev, 2012. "Who Benefi ted from the New Trade Law," Public administration issues, Higher School of Economics, issue 2, pages 33-59.
    4. S. Avdasheva., 2011. "Illegality of Tacit Collusion in Russian Antitrust Legislation: Could Economists Be Useful to Generate Legal Rules?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 5.
    Full references (including those not matched with items on IDEAS)

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