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Restructuring of food industries in the five Central and Eastern European front-runners towards EU membership (CEEC-5). A comparative review

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  • Marc Duponcel

Abstract

This paper discusses the main elements of the present operation of the main food industries in the CEEC-5 from a structural point of view and places these elements in the context of EU membership. The main structural aspects addressed in the paper are i) privatisation and restructuring; ii) significance of foreign direct investment (FDI); and iii) market structure and conditions of competition. In analysing the results of privatisation, we attempt to link the method of privatisation and its potential effects on the future performance of the enterprises. One immediate impact of privatisation is whether it favours or deters FDI. The analysis of FDI in the food industry is an obvious element of such a paper since it is widely known, and already observed in the case of the countries in transition, that it profoundly affects the conduct and performance of the enterprises which receive it. The analysis of the industrial structures is meant to provide a guide to better predict the future performance of the enterprises of the CEEC-5 when immersed in the EU single market.

Suggested Citation

  • Marc Duponcel, 1998. "Restructuring of food industries in the five Central and Eastern European front-runners towards EU membership (CEEC-5). A comparative review," CERT Discussion Papers 9806, Centre for Economic Reform and Transformation, Heriot Watt University.
    • Handle: RePEc:hwe:certdp:9806
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    References listed on IDEAS

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    12. Emil Erjavec & Matthew Gorton & Ales Kuhar & Vesna Valant, 1999. "Firm Level Restructuring in the Slovenian Food Industry," Post-Communist Economies, Taylor & Francis Journals, vol. 11(4), pages 519-539.
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    Cited by:

    1. Helena Hannula, 2001. "Restructuring of the Estonian economy and the role of FDIs in it," University of Tartu - Faculty of Economics and Business Administration, in: Foreign Direct Investments in the Estonian Economy, volume 9, chapter 3, pages 91-174, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    2. Bennett, John & Maw, James, 2000. "Privatisation and market structure in a transition economy," Journal of Public Economics, Elsevier, vol. 77(3), pages 357-382, September.
    3. Helena Hannula & Katrin Tamm, 2002. "Restructuring And Efficiency In The Estonian Manufacturing Industry: The Role Of Foreign Ownership," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 15, Faculty of Economics and Business Administration, University of Tartu (Estonia), revised 2003.

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    More about this item

    Keywords

    food industry; privatisation; competition; foreign direct investment; central and Eastern Europe; agro-industrial restructuring;
    All these keywords.

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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