The Price Effects of an Emerging Retail Market

被引:0
|
作者
Podpiera, Jiri [1 ]
Rakova, Marie [1 ]
机构
[1] Czech Natl Bank, External Econ Relat Div, Prague, Czech Republic
关键词
ENTRY;
D O I
10.2753/EEE0012-8775470105
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyzes the effects of a changing market structure on the price dynamics of final goods in an emerging Czech retail market. We estimate the extent of up-and downstream market power and find that the changing market structure was responsible for an average yearly price decrease of retailed products by 0.8 percentage points during 2000-2005. At the same time,, however we anticipate that a period of mergers and acquisitions that has already started could cause yearly price increases of retailed products by 1.2 percentage points-approximately 0.5 percentage points in the consumer price index inflation-over the next ten years.
引用
收藏
页码:92 / 105
页数:14
相关论文
共 50 条