Entry and Competition in a Transition Economy: The Case of Slovakia
The present paper provides first empirical evidence on the effects of entry on market conduct for a transition economy. We estimate size thresholds required to support different numbers of firms for seven retail and professional service industries in a large number of distinct geographic markets in Slovakia. Our results suggest a differential impact of entry on market conduct: while market conduct is unaffected by entry in the north-western parts of Slovakia, competition tends to kick in slowly in most professions in the south-east. This latter region suffers from infrastructure bottlenecks and competitors require a larger increase in the number of customers to come in.
|Date of creation:||31 Jan 2013|
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- Schaumans, C.B.C. & Verboven, F.L., 2011.
"Entry and Competition in Differentiated Products Markets,"
2011-049, Tilburg University, Center for Economic Research.
- Catherine Schaumans & Frank Verboven, 2015. "Entry and Competition in Differentiated Products Markets," The Review of Economics and Statistics, MIT Press, vol. 97(1), pages 195-209, March.
- Catherine SCHAUMANS & Frank VERBOVEN, 2011. "Entry and competition in differentiated products markets," Center for Economic Studies - Discussion papers ces11.23, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
- Schaumans, Catherine & Verboven, Frank, 2011. "Entry and Competition in Differentiated Products Markets," CEPR Discussion Papers 8353, C.E.P.R. Discussion Papers.
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"Entry And Competition In Concentrated Markets,"
151, Stanford - Studies in Industry Economics.
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- Saul Estrin, 2002. "Competition and Corporate Governance in Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 101-124, Winter.
- Mariusz Jarmuzek & Biswajit Banerjee, 2009. "Anatomy of Regional Disparities in the Slovak Republic," IMF Working Papers 09/145, International Monetary Fund.
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