Template-Type: ReDIF-Article 1.0
Author-Name: Luciano David Altamirano Espíndola            
Author-Workplace-Name: Facultad de Contabilidad y Auditoría. Universidad Técnica de Ambato. Ecuador.
Author-Name: Lilian  Victoria Morales Carrasco            
Author-Workplace-Name: Facultad de Contabilidad y Auditoría. Universidad Técnica de Ambato. Ecuador.
Author-Name: Nelson Rodrigo Lascano             
Author-Workplace-Name: Facultad de Contabilidad y Auditoría. Universidad Técnica de Ambato. Ecuador. 
Title: ¿Concentración sin poder del mercado? Un caso de estudio aplicado al sector fabricación de colchones en el Ecuador.    
Abstract: The  purpose  of  this  research  is  to  establish  the  market  structure  of  the  mattress  manufacturing  industry  of  Ecuador  and  the  relationships between the concentration, local market prices, exchange rate, and profitability variables. A simultaneous equations regression model of partial three-stage least squares (3SLS) with information of the companies with the largest market share in the sector has been used. Market concentration has been calculated using the Herfindahl-Hirschman Index. The main results show that there is an imperfect market structure and that market share affects the profitability of the oligopoly. In turn, the oligopoly fails to exercise market power due to the competitiveness in the prices of imported mattresses.
Classification-JEL: L13, L15, L22, L68.
Keywords: market concentration, market structure, Herfindahl Index, mattress industry, market power.
Journal: Ciencias Administrativas
Pages: 65-74
Issue: 15
Number: 7
Year: 2020
Month: January-June
DOI: 10.24215/23143738e056
File-URL: https://revistas.unlp.edu.ar/CADM/article/view/7953
File-Format: Application/pdf
Handle: RePEc:lap:recadm:117