The competitive landscape in transitioning countries: the example of the Armenian wine industry
Scholars showed that in transition and developing countries originating from the Soviet period, the degree of market competition is rather low, as large corporates that had been operating were still prevailing. One can assume that the markets had been highly attractive and many newcomers must have b...
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| Format: | Article |
| Language: | English |
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Firenze University Press
2022-01-01
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| Series: | Wine Economics and Policy |
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| Online Access: | https://oaj.fupress.net/index.php/wep/article/view/10657 |
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| author | Linda Bitsch Barbara Richter Jon H. Hanf |
| author_facet | Linda Bitsch Barbara Richter Jon H. Hanf |
| author_sort | Linda Bitsch |
| collection | DOAJ |
| description | Scholars showed that in transition and developing countries originating from the Soviet period, the degree of market competition is rather low, as large corporates that had been operating were still prevailing. One can assume that the markets had been highly attractive and many newcomers must have been interested in entering the market, due to fewer market participants, i.e. processors and retailers, but numerous farmers are engaged in the commodity production. This had provoked relatively high profitability for downstream firms acting on the local market and likely increased the market competition. However, evidence exists that market structures and hence competition is still hampered. Therefore, this study aims to show how competition in markets of transition countries has developed and provide a detailed description of the market structure to derive the degree of competition. As the subject of research, the Armenian wine industry has been exemplarily chosen as its wine industry is emerging and represents a key sector in the Armenian agri-food industry. Similar cases exist in other transitioning and developing countries. Empirical results from the qualitative research that allows a comprehensive overview of the whole sector reveal that the competition intensity is relatively low, and wine producers act in an oligopolistic market surrounding. Based on this, implications for producers and policy makers are derived, which include competitive and rural policy implications.
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| format | Article |
| id | doaj-art-50c4d42c32a843e1b8a60b1a73d4ea71 |
| institution | DOAJ |
| issn | 2213-3968 2212-9774 |
| language | English |
| publishDate | 2022-01-01 |
| publisher | Firenze University Press |
| record_format | Article |
| series | Wine Economics and Policy |
| spelling | doaj-art-50c4d42c32a843e1b8a60b1a73d4ea712025-08-20T03:12:47ZengFirenze University PressWine Economics and Policy2213-39682212-97742022-01-0111110.36253/wep-10657The competitive landscape in transitioning countries: the example of the Armenian wine industryLinda Bitsch0Barbara Richter1Jon H. Hanf2Department of Wine & Beverage Business, Hochschule Geisenheim University, Von-Lade-Straße 1, D-65366 GeisenheimDepartment of Wine & Beverage Business, Hochschule Geisenheim University, Von-Lade-Straße 1, D-65366 GeisenheimDepartment of Wine & Beverage Business, Hochschule Geisenheim University, Von-Lade-Straße 1, D-65366 GeisenheimScholars showed that in transition and developing countries originating from the Soviet period, the degree of market competition is rather low, as large corporates that had been operating were still prevailing. One can assume that the markets had been highly attractive and many newcomers must have been interested in entering the market, due to fewer market participants, i.e. processors and retailers, but numerous farmers are engaged in the commodity production. This had provoked relatively high profitability for downstream firms acting on the local market and likely increased the market competition. However, evidence exists that market structures and hence competition is still hampered. Therefore, this study aims to show how competition in markets of transition countries has developed and provide a detailed description of the market structure to derive the degree of competition. As the subject of research, the Armenian wine industry has been exemplarily chosen as its wine industry is emerging and represents a key sector in the Armenian agri-food industry. Similar cases exist in other transitioning and developing countries. Empirical results from the qualitative research that allows a comprehensive overview of the whole sector reveal that the competition intensity is relatively low, and wine producers act in an oligopolistic market surrounding. Based on this, implications for producers and policy makers are derived, which include competitive and rural policy implications. https://oaj.fupress.net/index.php/wep/article/view/10657competition intensityindustry structurepolicy implicationsrural developmentArmeniawine |
| spellingShingle | Linda Bitsch Barbara Richter Jon H. Hanf The competitive landscape in transitioning countries: the example of the Armenian wine industry Wine Economics and Policy competition intensity industry structure policy implications rural development Armenia wine |
| title | The competitive landscape in transitioning countries: the example of the Armenian wine industry |
| title_full | The competitive landscape in transitioning countries: the example of the Armenian wine industry |
| title_fullStr | The competitive landscape in transitioning countries: the example of the Armenian wine industry |
| title_full_unstemmed | The competitive landscape in transitioning countries: the example of the Armenian wine industry |
| title_short | The competitive landscape in transitioning countries: the example of the Armenian wine industry |
| title_sort | competitive landscape in transitioning countries the example of the armenian wine industry |
| topic | competition intensity industry structure policy implications rural development Armenia wine |
| url | https://oaj.fupress.net/index.php/wep/article/view/10657 |
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