Additive measurement of market concentration

Romualdas Ginevičius and Stasys Čirba

Journal of Business Economics and Management, 2009, vol. 10, issue 3, 191-198

Abstract: The main effect of globalization of the world markets is the increase of market concentration. The analysis and control of these processes largely depend on precise determination of the level of market concentration. Additive measures, evaluating the whole concentration curve, assess market concentration most effectively. The analysis shows that all currently used measures, including the most widely used Herfindahl index, have some limitations and, therefore, cannot adequately describe the market state. This index is still widely used because it is easy to calculate. However, now, when calculation is computer‐aided, this argument has hardly any sense. A possibility to assess the state of the market much more accurately, searching for new, more precise measures, has sense now. The accuracy of some particular measures may be defined by the total difference between the relative value of market criterion bearers in the market and their value calculated by the formula of a particular concentration measure.

Date: 2009
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.3846/1611-1699.2009.10.191-198 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:taf:jbemgt:v:10:y:2009:i:3:p:191-198

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TBEM20

DOI: 10.3846/1611-1699.2009.10.191-198

Access Statistics for this article

Journal of Business Economics and Management is currently edited by Izolda Joksiene, Romualdas Ginevicius and Ieva Meidute

More articles in Journal of Business Economics and Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().