Similarities and Differences between the CR and HHI as an Indicator of Market Concentration and Market Power

Pavić, Ivan; Galetić, Fran; Piplica, Damir

doi:10.9734/bjemt/2016/23193

Cited by 48 publications

(43 citation statements)

References 5 publications

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“…Such real-data analysis has been reported by Kwoka [9] and Pavic et al [14]. Based on the values of H and

C R_{4}

in Table 1, the following regression model is obtained:

H 2 = a C R_{4}^{b}, a = 0.4055, b = 1.3861 .

…”

Section: Resultsmentioning

confidence: 61%

“…Similarly, Pavic et al. [14] fitted a power function to real market data for different levels of aggregation or degrees of specificity of the commodity. Their results corresponded to a -values ranging from about 0.70 to 0.93 and b -values ranging from 1.74 to 1.84 for the function in (36).…”

Section: Resultsmentioning

confidence: 99%

“…More recently, Pavic et al. [14] fitted real data to a model in which

C R_{4}

is expressed as a power function of H . Those authors fitted market-share data at different levels of aggregation and obtained good model fits.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Relationship between concentration ratio and Herfindahl-Hirschman index: A re-examination based on majorization theory

Kvålseth

2018

Heliyon

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While the two most widely used measures of market (industrial) concentration, the m-firm concentration ratio CRm and the Herfindahl-Hirschman index H, have no precise functional relationship, they can be related by means of boundary formulations. Such bounds and potential relationships, which have been considered in some earlier reported studies, are being re-examined, corrected, and reformulated in this paper. The underlying analysis uses a different approach based on majorization theory and the results are supported by computer simulation. Such boundary relationships make it possible to determine approximate values of H from those of CRm and vice versa for any given set of market shares. Much more accurate predictions of H-values can be obtained with knowledge of the individual market shares of the m largest firms within a market (industry), with or without knowledge of the total number of firms.

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“…Such real-data analysis has been reported by Kwoka [9] and Pavic et al [14]. Based on the values of H and

C R_{4}

in Table 1, the following regression model is obtained:

H 2 = a C R_{4}^{b}, a = 0.4055, b = 1.3861 .

…”

Section: Resultsmentioning

confidence: 61%

Section: Resultsmentioning

confidence: 99%

See 1 more Smart Citation

Relationship between concentration ratio and Herfindahl-Hirschman index: A re-examination based on majorization theory

Kvålseth

2018

Heliyon

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“…Vienas iš svarbių klausimų yra rinkos koncentracijos, kaip specifinio rinkos galios mato, aspektas. Pasak Pavic, Galetic, Piplica (2016), rinkos koncentracijos matavimo klausimas yra visada aktualus mokslo ir profesinei bendruomenei.…”

Section: įVadasunclassified

“…Koncentracijos rodikliai Žinoma keletas rinkos koncentracijos rodiklių. Vieni jų (koncentracijos laipsnis (RC) ir Herfindalio-Hiršmano indeksas (HHI)) yra labai paprasti ir lengvai apskaičiuojami, dėl to yra labai plačiai naudojami, o kiti (Lerner indeksas (L), Gini koeficientas (G), Theil entropijos indeksas (T)) yra labai sudėtingi ir pritaikyti tam tikroms situacijoms (Pavic, Galetic, Piplica, 2016). Du plačiausiai naudojami rinkos koncentracijos rodikliai yra koncentracijos laipsnis ir Herfindalio-Hiršmano indeksas (Kvalseth, 2018).…”

Section: Koncentracijos Kreivėsunclassified

Žalio Pieno Vidaus Rinkos Struktūra Ir Koncentracija Lietuvoje

Vitunskienė¹

2020

Management Theory and Studies for Rural Business and Infrastructure Development

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Straipsnyje sprendžiama žalio pieno rinkos ir pasiūlos, ir paklausos koncentracijos lygiovertinimo problema, kai tyrėjams pasiekiama labai ribota informacija apie pardavimus ir pirkimus individualiu pieno gamintojų (t. y. pardavėjų) bei pieną perdirbančių įmonių ar kitų pieną perparduodančių tarpininkų (t. y. pirkėjų) lygmeniu. Pasitelkus abstraktaus modeliavimo, normalizuotos Lorenco kreivės, koncentracijos laipsnio (RC) ir Herfindalio-Hiršmano indekso (HHI) bei jų dinamikos palyginamosios analizės būdus, išplėtotas žalio pieno rinkos struktūros hipotetinis modelis ir nustatytas Lietuvos žalio pieno vidaus rinkos koncentracijos lygis. Empirinio tyrimo rezultatai parodė, kad, viena vertus, žalio pieno pasiūla vidaus rinkoje dekoncentruota, o neasocijuoti kooperatyvai gamintojų realios derybinės galios rinkoje nesukuria. Antra vertus, didelės RC6 reikšmės šią rinką leidžia klasifikuoti kaip oligopsoninę, turinčią beveik stabilų (po 2009 m. ekonomikos krizės šiek tiek sumažėjusį) pirkėjų koncentracijos laipsnį.Raktiniai žodžiai: pirkėjų koncentracija, žalio pieno rinka, oligopsonija, kooperatyvai, pieno perdirbėjai JEL kodai: L40, O13, Q13.

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Confucian culture, environmental innovation, and family firms' performance: The moderating role of market competition

Liao,

Liu

2024

Bus Strat Env

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Environmental innovation has become an important way for family firms to meet institutional requirements and market demands. Based on the dual perspectives of informal institution and environmental innovation, this study constructs a research framework of “culture‐innovation‐performance” to explore the relationship between Confucian culture, environmental innovation, and family firm performance as well as the moderating role of market competition intensity. A total of 529 family firms in the manufacturing industry listed on the Shanghai and Shenzhen A‐share stock markets between 2015 and 2021 were selected as the research sample to test the hypotheses using multiple regression analysis. The results indicate that Confucian culture significantly promotes the quality of environmental innovation but does not have a significant effect on the quantity of environmental innovation; moreover, both the quantity and quality of environmental innovation can promote the performance of family firms, and this promoting effect is stronger in an environment with lower market competition intensity. This study not only enriches the application of Confucian culture in environmental innovation but also provides guidance on how firms can improve the quality of environmental innovation.

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Similarities and Differences between the CR and HHI as an Indicator of Market Concentration and Market Power

Cited by 48 publications

References 5 publications

Relationship between concentration ratio and Herfindahl-Hirschman index: A re-examination based on majorization theory

Relationship between concentration ratio and Herfindahl-Hirschman index: A re-examination based on majorization theory

Žalio Pieno Vidaus Rinkos Struktūra Ir Koncentracija Lietuvoje

Confucian culture, environmental innovation, and family firms' performance: The moderating role of market competition

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