Analysis of entry barriers in highly concentrated sectors of Latvian economy: case of grain processing industry
2009
Jasjko, D., Riga International School of Economics and Business Administration, Riga (Latvia) | Pancenko, E., Riga International School of Economics and Business Administration, Riga (Latvia) | Ivanova, T., Riga International School of Economics and Business Administration, Riga (Latvia)
Encouraging of competitive relations and strengthening of competitive position of domestic producers on both national and EU common market of products and services become one of the main priorities of national economic policy. Latvian national interests are closely related to the maintenance of the competitive environment as an important factor for increase of competitiveness of separate commodity, enterprise or industry, which is able to provide economic growth in the circumstances of declining the business activity and strong competition on internal and external markets. However, fair market competition takes place only on the markets where there are no any essential obstacles and barriers for potential entry of new market actors. That is why the present article is prepared on the basis of case study carried out for Latvian grain processing sector with the purpose to describe and qualitatively assess the effects of various entry barriers, which really exist on the domestic market.
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