IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/83552.html
   My bibliography  Save this paper

Measuring Competition in Romania - Basic Principles and Extensions

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/83552/4/MPRA_paper_83552.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    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. Christopher Decker, 2009. "Economics and the Enforcement of European Competition Law," Books, Edward Elgar Publishing, number 13406.
    4. 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.
    5. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

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

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    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.
    3. Agnar Sandmo, 2003. "Environmental Taxation and Revenue for Development," WIDER Working Paper Series DP2003-86, World Institute for Development Economic Research (UNU-WIDER).
    4. Perdiguero, Jordi & Jiménez, Juan Luis, 2021. "Price coordination in the Spanish oil market: The monday effect," Energy Policy, Elsevier, vol. 149(C).
    5. Marini, Giovanni & Pannone, Andrea, 2007. "Capital and capacity utilization revisited: A theory for ICT-assisted production systems," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 231-248, June.
    6. Juan Jiménez & Jordi Perdiguero, 2012. "Does Rigidity of Prices Hide Collusion?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 41(3), pages 223-248, November.
    7. Stephen Davies & Matthew Olczak & Heather Coles, 2007. "Tacit collusion, firm asymmetries and numbers: evidence from EC merger cases," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2007-07, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    8. Jeanine Miklós-Thal, 2011. "Optimal collusion under cost asymmetry," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(1), pages 99-125, January.
    9. Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2017. "Registered cartels in Austria: an overview," European Journal of Law and Economics, Springer, vol. 44(3), pages 385-422, December.
    10. Chowdhury, Subhasish M. & Crede, Carsten J., 2020. "Post-cartel tacit collusion: Determinants, consequences, and prevention," International Journal of Industrial Organization, Elsevier, vol. 70(C).
    11. Gnutzmann, Hinnerk & McCarthy, Killian J. & Unger, Brigitte, 2010. "Dancing with the devil: Country size and the incentive to tolerate money laundering," International Review of Law and Economics, Elsevier, vol. 30(3), pages 244-252, September.
    12. Miguel A. Fonseca & Yan Li & Hans‐Theo Normann, 2018. "Why factors facilitating collusion may not predict cartel occurrence — experimental evidence," Southern Economic Journal, John Wiley & Sons, vol. 85(1), pages 255-275, July.
    13. Danial Asmat, 2021. "Collusion Along the Learning Curve: Theory and Evidence From the Semiconductor Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 69(1), pages 83-108, March.
    14. Stéphanie Boulenger & Marcelin Joanis, 2015. "Analyse économique des marchés publics dans l’industrie de la construction au Québec," CIRANO Project Reports 2015rp-23, CIRANO.
    15. Patrice Bougette & Florent Venayre, 2008. "Contrôles a priori et a posteriori des concentrations : comment augmenter l'efficacité des politiques de concurrence," Revue d'économie industrielle, De Boeck Université, vol. 0(1), pages 9-40.
    16. Young Bin Kim & Sang Hyeok Lee & Shin Jin Kang & Myung Jin Choi & Jung Lee & Chang Hun Kim, 2015. "Virtual World Currency Value Fluctuation Prediction System Based on User Sentiment Analysis," PLOS ONE, Public Library of Science, vol. 10(8), pages 1-18, August.
    17. Keen, Steve & Standish, Russell, 2006. "Profit maximization, industry structure, and competition: A critique of neoclassical theory," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 370(1), pages 81-85.
    18. Christian Lorenz, 2008. "Screening markets for cartel detection: collusive markers in the CFD cartel-audit," European Journal of Law and Economics, Springer, vol. 26(2), pages 213-232, October.
    19. Menudo, Jose M., 2011. "Market Stability in Adam Smith: Competitive Process and Institutions," MPRA Paper 15361, University Library of Munich, Germany.
    20. Spagnolo, Giancarlo & Potters, Jan & Bigoni, Maria, 2012. "Flexibility and Collusion with Imperfect Monitoring," CEPR Discussion Papers 8877, C.E.P.R. Discussion Papers.

    More about this item

    Keywords

    competition; competition index; concentration ratio; market structure; firm size;
    All these keywords.

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:83552. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.