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Measuring Competition in Romania - Basic Principles and Extensions

Author

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  • Cocioc, Paul

Abstract

The paper present a brief analyze of tools used in estimating competition in Romania from the perspectives of economic theories. From classical index such Concentration ratio or Herfindahl-Hirschman index to extensions as Average relative size of firm to some new proposals from Romanian economic literature. For all commented indicators are presented some data analysis and in particular on the correlation between number of firms and concentration. The main conclusions are in the direction of an aggregate index as sole realistic possibility to characterize the multidimensional aspects of competition (market structure, economic process, and strategic behavior) correlated with the critical observations presented.

Suggested Citation

  • Cocioc, Paul, 2014. "Measuring Competition in Romania - Basic Principles and Extensions," MPRA Paper 83552, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:83552
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    File URL: https://mpra.ub.uni-muenchen.de/83552/4/MPRA_paper_83552.pdf
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    References listed on IDEAS

    as
    1. Cocioc, Paul, 2000. "Foundations of a revisited concept of perfect competition," MPRA Paper 83955, University Library of Munich, Germany.
    2. Enrico Alemani & Caroline Klein & Isabell Koske & Cristiana Vitale & Isabelle Wanner, 2013. "New Indicators of Competition Law and Policy in 2013 for OECD and non-OECD Countries," OECD Economics Department Working Papers 1104, OECD Publishing.
    3. Ivaldi, Marc & Jullien, Bruno & Rey, Patrick & Seabright, Paul & Tirole, Jean, 2003. "The Economics of Tacit Collusion," IDEI Working Papers 186, Institut d'Économie Industrielle (IDEI), Toulouse.
    4. G. J. Stigler, 1972. "Perfect Competition, Historically Contemplated," Palgrave Macmillan Books, in: Charles K. Rowley (ed.), Readings in Industrial Economics, chapter 7, pages 105-130, Palgrave Macmillan.
    5. Christopher Decker, 2009. "Economics and the Enforcement of European Competition Law," Books, Edward Elgar Publishing, number 13406.
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    Cited by:

    1. Paul, Cocioc, 2020. "Competition, Technocracy and Inequality," MPRA Paper 104754, University Library of Munich, Germany.
    2. Cocioc, Paul, 2021. "Determinants of competitive intensity: substitutability and pricing policy," MPRA Paper 108654, University Library of Munich, Germany, revised 13 Apr 2021.

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    More about this item

    Keywords

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    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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