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Discussion Paper Details

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Title: Market Concentration and Competition in Eastern Europe

Author(s): Paul A Kattuman and David M G Newbery

Publication Date: April 1992

Keyword(s): Competition Policy, Concentration, Eastern Europe and Enterprise Size Distribution

Programme Area(s): Applied Macroeconomics

Abstract: A key feature of Soviet-type economies is the excessive concentration of production and the skewed size distribution of enterprises. This is the root cause of the `soft budget constraint' and a natural outcome of the political economy of these countries. Given entrenched political support for a system which favours producers relative to consumers, it will be hard to pursue an active competition policy, though it is essential for successful reform. We examine a hypothetical restructuring of Polish state enterprises and argue that this should be undertaken before they are privatized. Hungary appears to have started such a process already.

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Bibliographic Reference

Kattuman, P and Newbery, D. 1992. 'Market Concentration and Competition in Eastern Europe'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=664