Is the Price-Cost Margin Affected by the Market Concentration? Evidence from the Czech Food and Beverages Industry

• Autorzy: Ivana Blažková , Ondřej Dvouletý
• Języki publikacji: EN

Abstrakty

EN

The paper investigates the relationship between the market concentration and the price-cost margin in the Czech food processing industry during 2003-2014. Estimated econometric models with Fixed Effects supported hypothesis assuming the positive impact of the market concentration on the price-cost margin controlling for productivity. The increase in the productivity was associated with the increase of the price-cost margins. Based on the results, policy makers should promote market competition in the food processing industry, for example through the reduction of entry barriers. Another option worth consideration is to support R&D activities potentially leading to market transformation and increase in efficiency. (original abstract)

Słowa kluczowe

EN

Food industry; Non-alcoholic beverages market; Concentration; Product price; Trade margin

PL

Przemysł spożywczy; Rynek napojów bezalkoholowych; Koncentracja; Cena produktu; Marża handlowa

• Czasopismo: Business and Economic Horizons
• Rocznik: 2017
• Numer: vol. 13, iss. 2
• Strony: 256--269

Twórcy

autor

Ivana Blažková

• Mendel University of Agriculture and Forestry Brno, Czech Republic

autor

Ondřej Dvouletý

• University of Economics in Prague, Czech Republic

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Identyfikatory

DOI

10.15208/beh.2017.19