Algorithm of Competition Intensity Assessment for a Local Market

DOI

10.2991/aebmr.k.200729.018How to use a DOI?

Keywords

development, competitiveness, local market, Herfindahl-Hirschman index, market

Abstract

Competitiveness improvement is currently one of the urgent problems of the development of Russian economy sector. Methods and procedures for the qualitative assessment of competitiveness of agro-industrial companies are becoming especially important. The competition level is crucial for the development of the market. Features of competition in economy sector are determined by the specifics of this sector. Assessment of the competition level allows adequate adjusting of the strategy of a company. In order to analyze the competition level in the local market, the authors propose the use of the analysis of the size of the market share of participants, the concentration index and the Herfindahl-Hirschman index, for markets with a large number of producers, the coefficient of variation can be used in construction. The obtained quantitative analytical indicators more informatively characterize the market situation, which allows finding, implementing and monitoring the effectiveness of management decisions in various areas.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - I.Yu. Fedulova
AU  - T.V. Sabetova
AU  - N.M. Shevtsova
AU  - E.V. Zakshevskaya
PY  - 2020
DA  - 2020/07/30
TI  - Algorithm of Competition Intensity Assessment for a Local Market
BT  - Proceedings of the International Conference on Policies and Economics Measures for Agricultural Development (AgroDevEco 2020)
PB  - Atlantis Press
SP  - 91
EP  - 95
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200729.018
DO  - 10.2991/aebmr.k.200729.018
ID  - Fedulova2020
ER  -