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

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Author Info
Darko Tipurić () (Faculty of Economics and Business, University of Zagreb)
Mirjana Pejić Bach () (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.

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File URL: http://web.efzg.hr/repec/pdf/Clanak%2009-03.pdf
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Publisher Info
Paper provided by Faculty of Economics and Business, University of Zagreb in its series EFZG Working Papers Series with number 0903.

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Length: 35
Date of creation: 22 Feb 2009
Date of revision:
Handle: RePEc:zag:wpaper:0903

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Related research
Keywords: concentration; industry; transition;

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Find related papers by JEL classification:
L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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  1. Darko Tipuric, 2002. "Is There Relationship between Firm Size and Profitability?," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 5(Special C), pages 139-154, December. [Downloadable!] (restricted)
  2. Sen, Anindya, 2003. "Higher prices at Canadian gas pumps: international crude oil prices or local market concentration? An empirical investigation," Energy Economics, Elsevier, vol. 25(3), pages 269-288, May. [Downloadable!] (restricted)
  3. De Jonghe, Olivier & Vennet, Rudi Vander, 2008. "Competition versus efficiency: What drives franchise values in European banking?," Journal of Banking & Finance, Elsevier, vol. 32(9), pages 1820-1835, September. [Downloadable!] (restricted)
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  4. Kwoka, John E, Jr, 1981. "Does the Choice of Concentration Measure Really Matter?," Journal of Industrial Economics, Blackwell Publishing, vol. 29(4), pages 445-53, June. [Downloadable!] (restricted)
  5. Peltzman, Sam, 1977. "The Gains and Losses from Industrial Concentration," Journal of Law & Economics, University of Chicago Press, vol. 20(2), pages 229-63, October.
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  6. Brozen, Yale, 1971. "Bain's Concentration and Rates of Return Revisited," Journal of Law & Economics, University of Chicago Press, vol. 14(2), pages 351-70, October.
  7. Kattuman, Paul A & Newbery, David M G, 1992. "Market Concentration and Competition in Eastern Europe," CEPR Discussion Papers 664, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  8. Demsetz, Harold, 1973. "Industry Structure, Market Rivalry, and Public Policy," Journal of Law & Economics, University of Chicago Press, vol. 16(1), pages 1-9, April.
  9. Lafourcade, Miren & Mion, Giordano, 2007. "Concentration, agglomeration and the size of plants," Regional Science and Urban Economics, Elsevier, vol. 37(1), pages 46-68, January. [Downloadable!] (restricted)
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  10. Ken Roberts, Changcheng Zhou, 2000. "New Private Enterprises in Three Transitional Contexts: Central Europe, the Former Soviet Union and China," Post-Communist Economies, Taylor and Francis Journals, vol. 12(2), pages 187-199, June. [Downloadable!] (restricted)
  11. Hennessy, David A. & Lapan, Harvey, 2007. "When different market concentration indices agree," Economics Letters, Elsevier, vol. 95(2), pages 234-240, May. [Downloadable!] (restricted)
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  12. Dufwenberg, Martin & Gneezy, Uri, 2000. "Price competition and market concentration: an experimental study," International Journal of Industrial Organization, Elsevier, vol. 18(1), pages 7-22, January. [Downloadable!] (restricted)
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