Changes in Industrial Concentration in the Croatian Economy (1995-2006)

Darko Tipurić () and Mirjana Pejić Bach ()
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Darko Tipurić: Faculty of Economics and Business, University of Zagreb

No 903, EFZG Working Papers Series from Faculty of Economics and Business, University of Zagreb

Abstract: The aim of this paper is to obtain a better understanding of differences and dynamics of concentration across various industries in the Croatian economy in the period 1995-2006 in order to be able to foresee future trends. Shifts in concentration vary across industries in the Croatian economy. Concentration declines in approximately two fifths of the Croatian economy whereas one fifth of the Croatian economy shows a growing trend in concentration. In the remaining industries no changes in concentration occurred. The causes of concentration are as follows: (1) decline in concentration due to inadequate adjustments of leading firms to transition, (2) decline in concentration due to deregulation, (3) increase in concentration in industries targeted by multinational companies, and (4) increase in concentration in industries in which no significant new firms emerged following the unsuccessful privatization of leading firms.

Keywords: concentration; industry; transition (search for similar items in EconPapers)
JEL-codes: L12 L13 L16 (search for similar items in EconPapers)
Pages: 35
Date: 2009-02-22
New Economics Papers: this item is included in nep-com, nep-geo and nep-tra
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:zag:wpaper:0903

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