Market Structure in Transition: Entry and Competition in Slovakia

Arbeitspapier

The present paper provides first empirical evidence on the relationship between market size and the number of firms 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. The empirical analysis is carried out for three time periods (1995, 2001 and 2010) characterizing different stages of the transition process. Our results suggest that the relationship between market size and the number of firm has changed substantially over time. While entry threshold ratios tend to be larger than one and decline with the number of firms in most professions in 1995, the estimation results obtained for 2010 suggest entry threshold ratios much closer to one. This finding is consistent with observations suggesting a significant decline in entry barriers as well as an intensification of competition over time.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Department of Economic Policy Working Paper Series ; No. 5

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Firm Organization and Market Structure ; Firm Behavior: Empirical Analysis ; New Firms; Startups ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
• Thema: entry thresholds ; competition ; Slovakia ; transition ; geographic markets

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Lábaj, Martin ; Morvay, Karol ; Silaniè, Peter ; Weiss, Christoph
• Ereignis: Veröffentlichung
• (wer): University of Economics in Bratislava, Department of Economic Policy
• (wo): Bratislava
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/201199
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ