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Competitive Shocks and Industrial Structure: The Case of Polish Manufacturing

Author

Listed:
  • Pankaj Ghemawatt
  • Robert E. Kennedy

Abstract

A large number of countries have recently experienced competitive shocks: sudden increases in the role that market forces play in determining the evolution of various industries. In this paper, we study the implications of Poland's competitive shock for three elements of the structure of that country's manufacturing sector: entry, concentration, and foreign presence. Our analysis underlines the importance of explicitly identifying the specific distortions built into initial (pre-shock) industrial structure and lags in their adjustment to more competitive conditions.

Suggested Citation

  • Pankaj Ghemawatt & Robert E. Kennedy, 1997. "Competitive Shocks and Industrial Structure: The Case of Polish Manufacturing," William Davidson Institute Working Papers Series 53, William Davidson Institute at the University of Michigan.
    • Handle: RePEc:wdi:papers:1997-53
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    File URL: http://deepblue.lib.umich.edu/bitstream/2027.42/39443/3/wp53.pdf
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    Cited by:

    1. Patibandla, Murali, 1999. "Internal Policy Reforms and Evolution of Market Structure in an Emerging Economy: The Case of India," Working Papers 7-1999, Copenhagen Business School, Department of International Economics and Management.

    More about this item

    Keywords

    eastern europe; poland; transition; indsustry structure;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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