Analysis of competition and concentration on the retail market in Poland based on the Linda index
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Abstract
The aim of this paper is to examine the level of competition in the industry bringing together the largest chains of retail stores with a food profile in Poland. Annul firm level data for the years 2005-2018 was used. We find that in the years 2011-2018, the oligopolistic arena consisted of 7 enterprises, which indicates a certain stabilisation of the number of the largest players on the market. On the one hand, the difference between the Linda index values and the level of "perfect equilibrium of forces" (PE) is increasing, which proves the growing market power of the largest players, also confirmed by the growing values of the CR7 and HHI concentration index. On the other hand, the empirical analysis showed an increase in the effectiveness of the main players in the analysed period. Furthermore, this paper confirms the effective market structure hypothesis (ESH) in the industry that brings together the largest grocery store chains in Poland.(original abstract)
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Autor (Autorzy) artykułu oświadcza, że przesłane opracowanie nie narusza praw autorskich osób trzecich. Wyraża zgodę na poddanie artykułu procedurze recenzji oraz dokonanie zmian redakcyjnych. Przenosi nieodpłatnie na Oficynę Wydawniczą SGH autorskie prawa majątkowe do utworu na polach eksploatacji wymienionych w art. 50 Ustawy z dnia 4 lutego 1994 r. o prawie autorskim i prawach pokrewnych – pod warunkiem, że praca została zaakceptowana do publikacji i opublikowana.
Oficyna Wydawnicza SGH posiada autorskie prawa majątkowe do wszystkich treści czasopisma. Zamieszczenie tekstu artykuły w repozytorium, na stronie domowej autora lub na innej stronie jest dozwolone o ile nie wiąże się z pozyskiwaniem korzyści majątkowych, a tekst wyposażony będzie w informacje źródłowe (w tym również tytuł, rok, numer i adres internetowy czasopisma).
Osoby zainteresowane komercyjnym wykorzystaniem zawartości czasopisma proszone są o kontakt z Redakcją.
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