Approaches Regarding the Competition in Romanian Sugar Market

Turek Rahoveanu, María Magdalena and Rios Carmenado, Ignacio de los and Turek Rahoveanu, Adrian and Afonso Gallegos, Ana (2015). Approaches Regarding the Competition in Romanian Sugar Market. "Procedia Economics and Finance", v. 22 ; pp. 313-322. ISSN 2212-5671. https://doi.org/10.1016/S2212-5671(15)00293-2.

Description

Title: Approaches Regarding the Competition in Romanian Sugar Market
Author/s:
  • Turek Rahoveanu, María Magdalena
  • Rios Carmenado, Ignacio de los
  • Turek Rahoveanu, Adrian
  • Afonso Gallegos, Ana
Item Type: Article
Título de Revista/Publicación: Procedia Economics and Finance
Date: 2015
ISSN: 2212-5671
Volume: 22
Subjects:
Faculty: E.T.S.I. Agrónomos (UPM) [antigua denominación]
Department: Ingeniería Agroforestal
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

This paper proposes an economic instrument designed to assess the competitive nature of the sugar industry in Romania. In the first part of the paper is presented the theoretical background underlying index (HHI) and its calculation methodology. Then comes the results of a first application of this index for a total of 10 plants in the sugar industry, the robustness of these results is discussed. We believe HHI is a proactive tool that may prove useful competition authority, in its pursuit of continuous monitoring of various industries in the economy and in the internal decision-making on resource allocation institution (Peacock, and Prisecaru, 2013).The starting point of our research is to free competition in the European market with competitors much stronger than Romanian plants, plants that produce at a price lower than the domestic ones. In our study we will see if it is a concentration of production in factories around the strongest in Romania, concentration accompanied by the collapse of those who could not resist the market.The market concentration, competition policy, we will follow using the HHI index, for evaluation of impact analysis on existing trade, the number and size of competitors, protecting existing sales structures, avoiding disruptions in the competitive environment, etc.

More information

Item ID: 41295
DC Identifier: http://oa.upm.es/41295/
OAI Identifier: oai:oa.upm.es:41295
DOI: 10.1016/S2212-5671(15)00293-2
Official URL: http://www.sciencedirect.com/science/article/pii/S2212567115002932
Deposited by: Memoria Investigacion
Deposited on: 21 Jun 2016 17:44
Last Modified: 21 May 2018 14:53
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