A Market Concentration Analysis of the Biomass Sector in Romania

被引：11
作者：
Busu, Mihail [1 ]
机构：
[1] Bucharest Univ Acad Studies, Fac Business Adm Foreign Languages, Bucharest 010374, Romania
来源：
RESOURCES-BASEL | 2020年 / 9卷 / 06期
关键词：
biomass sector; market analysis; renewable energy; resources; MODEL; COMPETITION; INDICATORS; SHARES;
D O I：
10.3390/resources9060064
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
The degree of market concentration is an important investigative tool used by competition authorities, as well as any public entity or undertaking that is interested in a specific market. There are several market concentration indices, but the most popular measure for computing the degree of market concentration is the Herfindahl-Hirschman Index (HHI). However, a limitation of this indicator is that its computation requires data on all the entities that are active in a market. Therefore, due to the large number of companies in some specific markets, sometimes it is cumbersome to compute the HHI. The aim of this paper was to develop an algorithm to estimate as accurately as possible the HHI in such cases, so that the degree of market concentration can be identified. An interdisciplinary application of this method on the Romanian biomass sector is presented at the end of this paper.
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页数：9
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