文章基本信息
- 标题：LIBERALIZATION AND MARKET CONCENTRATION IN THE INSURANCE INDUSTRY: CASE OF CROATIA
- 本地全文：下载
- 作者：Lorena Škuflić ; Fran Galetić ; Branimir Gregurić 等
- 期刊名称：Economic Review : Journal of Economics and Business
- 印刷版ISSN：1512-8962
- 出版年度：2011
- 卷号：IX
- 期号：2
- 页码：61-75
- 出版社：University of Tuzla
- 摘要：This paper analyzes market concentration on the market of insurance companies in Croa tia.For a very long time, Croatian insurance market was dominated by one company.After the liberalization, the number of insurance companies on the market began to increase, whichledtoasignificantfallinlevelsofmarket concentration.Thepaperanalyzesvariousindi cators of market concentration, and for each indicator there is a calculated value which should help to see the trend.From all the analyzed indicators of market concentration, three were selected for the estimation of econometric models trend.The aim of these models is to predict the movement of market concentration on the insurance market in the next few years.The analysis shows that in the near futurewe can expect a further reduction in the level of concentration on Croatian in surancemarketcompanies,aswellasthetran sitiontolessconcentratedmarketstructures.
