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Competition in the Latvian and Baltic Grocery Retail Markets

Author

Listed:
  • Alf Vanags

    () (Baltic International Centre for Economic Policy Studies (BICEPS))

  • Morten Hansen

    () (Stockholm School of Economics in Riga (SSE Riga))

Abstract

This report analyzes concentration in the grocery retail market in the three Baltic countries: Estonia, Latvia and Lithuania. The markets (including some comparator Eastern and Western European markets) are analyzed using two standard measures: the Herfindahl Hirschman Index and the four firm concentration ratio. By applying a standard classification as used, for example by the US Department of Justice, the analysis reveals that the Latvian grocery retail market is competitive, the Estonian moderately concentrated, and the Lithuanian market highly concentrated. Given this observation, it is surprising that Latvia, where the grocery retail market is the most competitive (out of the three Baltic countries), is the country where further regulatory measures against the grocery retailers have been discussed the most.

Suggested Citation

  • Alf Vanags & Morten Hansen, 2007. "Competition in the Latvian and Baltic Grocery Retail Markets," SSE Riga/BICEPS Occasional Papers 3, Baltic International Centre for Economic Policy Studies (BICEPS);Stockholm School of Economics in Riga (SSE Riga).
    • Handle: RePEc:bic:opaper:3
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    References listed on IDEAS

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    1. Robert J. Barro & David B. Gordon, 2019. "A Positive Theory of Monetary Policy in a Natural Rate Model," Credit and Capital Markets, Credit and Capital Markets, vol. 52(4), pages 505-525.
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    3. Chen, Zhiqi, 2003. "Dominant Retailers and the Countervailing-Power Hypothesis," RAND Journal of Economics, The RAND Corporation, vol. 34(4), pages 612-625, Winter.
    4. Dobson, Paul W & Waterson, Michael, 1997. "Countervailing Power and Consumer Prices," Economic Journal, Royal Economic Society, vol. 107(441), pages 418-430, March.
    5. Paul Cavelaars, 2003. "Does Competition Enhancement Have Permanent Inflation Effects?," Kyklos, Wiley Blackwell, vol. 56(1), pages 69-94, February.
    6. von Ungern-Sternberg, Thomas, 1996. "Countervailing power revisited," International Journal of Industrial Organization, Elsevier, vol. 14(4), pages 507-519, June.
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    Cited by:

    1. Zuzana Smidova, 2015. "Policy areas for increasing productivity in Latvia," OECD Economics Department Working Papers 1255, OECD Publishing.

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