 Aggregate Concentration, Market Size and EU Integration: Evidence from Southeast EuropeAleksandar Todorov (atodorov@ue-varna.bg)
Business & Management Compass, 2018, issue 3-4, 185-199 Abstract: This paper has two purposes: first, to map aggregate concentration, that is to estimate economic concentration among the largest companies, in the econo-mies of Southeast Europe, and second, to assess how is the level of aggregate concentration related to market size, international trade and integration to the European Union. Based on company data from ten countries two types of concentration indices are computed – concentration ratio and Gini coefficient. The results suggest that aggregate concentration among the examined coun-tries varies considerably. Although correlated, both measures of concentration seem to measure different aspects of economic concentration. Both measures decline with domestic market size, measured by country’s population. Foreign market size, measured as exports, seems to be positively associated with the concentration ratio, but not with the disparity among large companies. In addition, EU integration does not seem to have a significant effect on aggre-gate concentration at least for the sample at hand. Keywords: economic power; size distribution of firms; large companies; inter-national trade; EU integration (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vrn:journl:y:2018:i:3-4:p:185-199 Access Statistics for this article Business & Management Compass is currently edited by Julian Vasilev More articles in Business & Management Compass from University of Economics Varna Contact information at EDIRC. |
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