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Organization of the Colombian electrical generation market. An application of technological indexes and H-H and C-4 concentration indexes, 1995-2004

Author

Listed:
  • David Tobón Orozco
  • Margarita Ortiz Ortega
  • Gustavo Castillo Quintero

Abstract

The present article analyses the evolution of the concentration of the Colombian electrical generation market based on the technological diversification indexes and H-H and C-4 concentration indexes, during the period 1995-2004. Concentration herein is an enterprise behavior which, from the regulator's perspective, can attempt against efficiency results expected upon reformation of the industry's rules of the game. The conclusion after the analysis, on the one hand, is that the concentration levels have decreased in the study period, passing from a strong oligopoly to a moderate one; on the second hand, indexes are those with high technological diversification.

Suggested Citation

  • David Tobón Orozco & Margarita Ortiz Ortega & Gustavo Castillo Quintero, 2005. "Organization of the Colombian electrical generation market. An application of technological indexes and H-H and C-4 concentration indexes, 1995-2004," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 62, pages 207-299, Enero-Jun.
    • Handle: RePEc:lde:journl:y:2005:i:62:p:207-229
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    More about this item

    Keywords

    Electrical industry; concentration indices; technological diversification; enterprise groups;
    All these keywords.

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

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