Economics at your fingertips  

The Market Power Measurement of Firms within the European Union

Claudia Dobre ()

Theoretical and Applied Economics, 2008, vol. 6(523), issue 6(523), 33-38

Abstract: Market power is important because it may lead to an inefficient and bias appropriation, meanwhile worsening productive efficiency. I have used the most important indicators for measuring market power and market concentration in this paper – the Lerner index, price dispersal and the Herfindahl-Hirschman index (HHI). With the help of the indexes and of the available statistics I have managed to analyze the market power held by European firms and the activity sectors that have the highest economical concentration. Moreover, by using data from other countries (USA and Japan), I was able to make a comparison between the level of current prices, and reach the conclusion that, although the enforcement of the single market has had a strong and immediate effect on price dispersal, there is still room left for future reductions, along with market integration growth and the growth of the competitive pressure.

Keywords: market power; market concentration; dispersal. (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Marin Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania - AGER Contact information at EDIRC.
Bibliographic data for series maintained by Marin Dinu ().

Page updated 2023-06-15
Handle: RePEc:agr:journl:v:6(523):y:2008:i:6(523):p:33-38