Reducing Structural Dominance and Entry Barriers in Russian Industry
Many industrial firms in Russia have undergone changes in ownership, but relatively few have been competitively restructured. Using survey and other data, the author suggests that much of Russian industry is immune from robust competition because of heavy vertical integration, geographic segmentatio...
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| Format: | Publications & Research |
| Language: | en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://hdl.handle.net/10986/21604 |
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okr-10986-216042021-04-23T14:04:03Z Reducing Structural Dominance and Entry Barriers in Russian Industry Broadman, Harry G. industrialization enterprise restructuring competition (economic) trade barriers integration market demand market competitive advantage regulatory framework reform implementation privatization criteria anti-competitive practices bank loans barriers to entry branches budget constraints business development business environment central planning coal collusion company competition law competition policy competitors consumers corporate control corporate governance debt dominant firm downsizing economic barriers economic power economies of scale economists empirical analysis empirical evidence empirical studies employment enterprise reform entrepreneurs Entrepreneurship expansion financial institutions firm size firms foreign direct investment GDP Horizontal integration imports income industrial enterprises investment expenditures labor force leasing legislation licensing local authorities manufacturing enterprises market economies market power medium size enterprises mergers monopolies monopoly natural resources oil open economies personal savings policy makers political economy positive externalities predatory pricing price controls price fixing private property producers product differentiation product markets productivity profit margins property rights refrigeration savings small business small businesses small enterprises small firms SME SME development SME managers SME sector state owned enterprises sunk costs suppliers tax concessions tax rates technical assistance transactions costs transition economies vertical concentration Many industrial firms in Russia have undergone changes in ownership, but relatively few have been competitively restructured. Using survey and other data, the author suggests that much of Russian industry is immune from robust competition because of heavy vertical integration, geographic segmentation, and the concentration of buyers and sellers, in selected markets. Moreover, regulatory constraints protect incumbent firms from competition with new entrants, both domestic and foreign. The author sketches a reform agenda for Russia's post-privatization program, which emphasizes the restructuring of anti-competitive structures and the reduction of barriers to entry. The author's proposed reform agenda calls broadly for strengthening Russia's nascent rules-based framework for competition policy to reduce discretion, increase transparency, and improve accountability. 2015-03-13T16:52:01Z 2015-03-13T16:52:01Z 2000-05 http://hdl.handle.net/10986/21604 en_US Policy Research Working Paper;No. 2330 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Russian Federation |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
industrialization enterprise restructuring competition (economic) trade barriers integration market demand market competitive advantage regulatory framework reform implementation privatization criteria anti-competitive practices bank loans barriers to entry branches budget constraints business development business environment central planning coal collusion company competition law competition policy competitors consumers corporate control corporate governance debt dominant firm downsizing economic barriers economic power economies of scale economists empirical analysis empirical evidence empirical studies employment enterprise reform entrepreneurs Entrepreneurship expansion financial institutions firm size firms foreign direct investment GDP Horizontal integration imports income industrial enterprises investment expenditures labor force leasing legislation licensing local authorities manufacturing enterprises market economies market power medium size enterprises mergers monopolies monopoly natural resources oil open economies personal savings policy makers political economy positive externalities predatory pricing price controls price fixing private property producers product differentiation product markets productivity profit margins property rights refrigeration savings small business small businesses small enterprises small firms SME SME development SME managers SME sector state owned enterprises sunk costs suppliers tax concessions tax rates technical assistance transactions costs transition economies vertical concentration |
| spellingShingle |
industrialization enterprise restructuring competition (economic) trade barriers integration market demand market competitive advantage regulatory framework reform implementation privatization criteria anti-competitive practices bank loans barriers to entry branches budget constraints business development business environment central planning coal collusion company competition law competition policy competitors consumers corporate control corporate governance debt dominant firm downsizing economic barriers economic power economies of scale economists empirical analysis empirical evidence empirical studies employment enterprise reform entrepreneurs Entrepreneurship expansion financial institutions firm size firms foreign direct investment GDP Horizontal integration imports income industrial enterprises investment expenditures labor force leasing legislation licensing local authorities manufacturing enterprises market economies market power medium size enterprises mergers monopolies monopoly natural resources oil open economies personal savings policy makers political economy positive externalities predatory pricing price controls price fixing private property producers product differentiation product markets productivity profit margins property rights refrigeration savings small business small businesses small enterprises small firms SME SME development SME managers SME sector state owned enterprises sunk costs suppliers tax concessions tax rates technical assistance transactions costs transition economies vertical concentration Broadman, Harry G. Reducing Structural Dominance and Entry Barriers in Russian Industry |
| geographic_facet |
Europe and Central Asia Russian Federation |
| relation |
Policy Research Working Paper;No. 2330 |
| description |
Many industrial firms in Russia have undergone changes in ownership, but relatively few have been competitively restructured. Using survey and other data, the author suggests that much of Russian industry is immune from robust competition because of heavy vertical integration, geographic segmentation, and the concentration of buyers and sellers, in selected markets. Moreover, regulatory constraints protect incumbent firms from competition with new entrants, both domestic and foreign. The author sketches a reform agenda for Russia's post-privatization program, which emphasizes the restructuring of anti-competitive structures and the reduction of barriers to entry. The author's proposed reform agenda calls broadly for strengthening Russia's nascent rules-based framework for competition policy to reduce discretion, increase transparency, and improve accountability. |
| format |
Publications & Research |
| author |
Broadman, Harry G. |
| author_facet |
Broadman, Harry G. |
| author_sort |
Broadman, Harry G. |
| title |
Reducing Structural Dominance and Entry Barriers in Russian Industry |
| title_short |
Reducing Structural Dominance and Entry Barriers in Russian Industry |
| title_full |
Reducing Structural Dominance and Entry Barriers in Russian Industry |
| title_fullStr |
Reducing Structural Dominance and Entry Barriers in Russian Industry |
| title_full_unstemmed |
Reducing Structural Dominance and Entry Barriers in Russian Industry |
| title_sort |
reducing structural dominance and entry barriers in russian industry |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://hdl.handle.net/10986/21604 |
| _version_ |
1764448744598667264 |