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The Impact of Competition on the Sustainable Development of the Regional Food Market

Journal: The Journal of Social Sciences Research (Vol.4, No. 5)

Publication Date:

Authors : ; ; ;

Page : 439-443

Keywords : Competition; Sustainable development; Regional markets; Local markets; Food security; Market structures.;

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Abstract

The paper discusses the impact of the competition level on the sustainable development of a regional market in order to manage competitive and industrial policies. The authors proposed to calculate the impact of the competition level on the economic affordability of food products to the population according to the Herfindahl-Hirschman index. For this purpose, the paper determines the correlation coefficients between the Herfindahl-Hirschman index and indicators affecting the economic availability of milk for the population of the Russian Federation. According to the data for 2010-2016, the market of milk and dairy products of the region of the Russian Federation (by the example of the Republic of Tatarstan) was analyzed. On the basis of the approach proposed, a regression model was obtained depending on the level of competition on the share of population expenditures on milk and dairy products. The proposed tool can be applied in any territory, what determines its universality.

Last modified: 2019-02-02 20:05:29