2015
DOI: 10.5937/ekopolj1502385v
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Concentration of tobacco market: Evidence from Serbia

Abstract: This paper presents a research on market concentration of tobacco producers in the Republic of Serbia during 2010-2013. Market concentration was measured by Herfindahl Hirschman index (HHI) and Concentration index (CRn) based on independent variables: operating revenue, net earnings, equity and number of employees. The research of market concentration of tobacco producers based on operating revenue as the most referential variable indicated that the market of tobacco producers in the Republic of Serbia was hig… Show more

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Cited by 7 publications
(8 citation statements)
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“…New owners have modernized their capacities, implementing quality and safety product standards when it comes to the areas of dairy, confectionery, milling and bakery and oil and sugar industries. The privatization and foreign investments have positively impacted the modernization of the capacities within brewery, beverage, water bottling and especially in the tobacco industry whose market is highly concentrated (Vuković et al, 2015). Unfortunately, during the privatization process the capacities for meat, fruit and vegetables processing have remained un-modernized, which has resulted in the low price competitiveness of those products.…”
Section: Industry Capacities -Choke Points or Potential For Growthmentioning
confidence: 99%
“…New owners have modernized their capacities, implementing quality and safety product standards when it comes to the areas of dairy, confectionery, milling and bakery and oil and sugar industries. The privatization and foreign investments have positively impacted the modernization of the capacities within brewery, beverage, water bottling and especially in the tobacco industry whose market is highly concentrated (Vuković et al, 2015). Unfortunately, during the privatization process the capacities for meat, fruit and vegetables processing have remained un-modernized, which has resulted in the low price competitiveness of those products.…”
Section: Industry Capacities -Choke Points or Potential For Growthmentioning
confidence: 99%
“…Based on the received values and the presence of "concentration of tobacco market" as quoted in Vukovic, Mijic, Spahic (2015), the auditor's opinion from previous years is undisputed in predicting future outcomes, in addition to the values of significant balance sheet positions. In this manner predictions, with some speculations, can be made for the following year.…”
Section: Resultsmentioning
confidence: 99%
“…Internacionalmente la industria del tabaco se encuentra altamente aglutinada por algunas grandes empresas como: China National Tobacco Company, Phillip Morris, British American Tobacco, Japan Tobacco e Imperial Tobacco. En algunos estudios referente a la concentración de la industria del tabaco se demuestra que este sector así lo está: Caso Malawi (Kanyenga & Mangisoni, 2007), Caso Serbia (Vuković, Mijić, & Spahić, 2015), Caso EEUU (Raper, Love, & Shumway, 2000), Caso China (Chenqing, Jialong, & Xiaqxuan, 2013), Caso Tanzania (Kahyarara, 2013).…”
Section: Metodologíaunclassified