Measuring competition from transitions: An application to the withdrawal of competitors from the online travel agency Russian market in 2022

Eduardo Ribeiro will present a paper at the IIMS scientific seminar. The seminar will be organized online on May 22, 2025 at 4 pm (GMT+3).

The paper is an outcome of the research project “Restructuring of the Russian Companies, Industries and Markets in Response to New Global Challenges”.
Authors: Eduardo Pontual Ribeiro- speaker,  Svetlana Golovanova

Abstract

Understanding the strength of competition between market players is a key feature of industrial economics and competition policy. We explore the use of ecological forecasting with economic theory to estimate a structural model of diversion between players based on transition matrix, using data on market shares only. The method is used to estimate the effect of international online travel agencies platforms exit from the Russian market in March, 2022. Our results indicate that market relevance before the restrictions does not predict gains from competitor restrictions.

 Eduardo Pontual Ribeiro is a Professor of Economics at the Federal University of Rio de Janeiro and co-Coordinator of the Research Group on Competition, Law and Economics (GDEC-IE / www.gdec-ie.com). He served as a Deputy Chief Economist, Chief Economist and then a Commissioner at the CADE Tribunal (Administrative Council for Economic Defense), The Brazilian Competition Authority from 2009 to 2014. The areas of expertise are Competition Policy, Applied Microeconometrics, and Labor Markets. Author of more than 50 papers in refereed journals, more than 30 book chapters.

To join the seminar, please, register here.