English, Article, Journal or magazine article edition: Market power in oligopoly: The case of the Ukrainian cement industry Isayenko Oleksiy; Maryanchyk Ivan

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Bookmark: http://trove.nla.gov.au/version/161486
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Market power in oligopoly: The case of the Ukrainian cement industry
Author
  • Isayenko Oleksiy
  • Maryanchyk Ivan
Physical Description
  • preprint
Notes
  • The object under consideration is the Ukrainian cement industry, which has undergone a serious change in many dimensions, including ownership structure and market structure. We analyze the dynamics of the output market structure and test the hypothesis of a possible collusive behavior introduced by a change in the ownership structure, especially by the big international cement players entering the market. Empirical results point towards intensified competition and reject the hypothesis of the collusion. Unconstrained capacities and dynamic property redistribution make tacit collusion very unstable and demand further optimization of production process. Patterns of interregional trade, exporting behavior and mergers' dynamics pose questions about the validity of the profit-maximizing behavior assumption.
  • Ukraine, cement, collusion
  • RePEc:eer:wpalle:06-06e
Language
  • English
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