Business, Management and Education, Vol 12, No 1 (2014)

Econometric Methodology of Monopolization Process Evaluation

Dmitrijs Skoruks (Riga Technical University, Latvia)
Maija Šenfelde (Riga Technical University, Latvia)

Abstract


The research “Econometric Methodology of Monopolization Process Evaluation” gives a perspective description of monopolization process’ nature, occurrence source, development procedure and internal conjuncture specifics, as well as providing an example of modern econometrical method application within a unified framework of market competition analysis for the purpose of conducting a quantitative competition evaluation on an industry level for practical use in both private and public sectors. The main question of the aforementioned research is the definition and quantitative analysis of monopolization effects in modern day globalized markets, while con- structing an empirical model of the econometric analysis, based on the use of in- ternational historical experience of monopoly formations standings, with the goal of introducing a further development scheme for the use of both econometrical and statistical instruments in line with the forecasting and business research need of enterprises and regulatory functions of the public sector. The current research uses a vast variety of monopolization evaluation ratios and their econometrical updates on companies that are involved in the study procedure in order to detect and scallar measure their market monopolizing potential, based on the implemented acquired market positions, turnover shares and competition policies.

Article in: English

Article published: 2014-06-30

Keyword(s): monopolization process; applicable econometrical modeling; competition level analysis; market conjuncture; industry development trends.

DOI: 10.3846/bme.2014.04

Full Text: PDF pdf




Business, Management and Education ISSN 2029-7491, eISSN 2029-6169
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 License.