Market Structure Analysis of the Czech Machinery Manufacturing Industry
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F26%3A0199543" target="_blank" >RIV/00216305:26510/26:0199543 - isvavai.cz</a>
Result on the web
<a href="https://1083d3b08f.clvaw-cdnwnd.com/2fca4ad522b38b04c8a13c19d47b40dc/200000926-9710a9710c/acta1_2025_web.pdf?ph=1083d3b08f" target="_blank" >https://1083d3b08f.clvaw-cdnwnd.com/2fca4ad522b38b04c8a13c19d47b40dc/200000926-9710a9710c/acta1_2025_web.pdf?ph=1083d3b08f</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Market Structure Analysis of the Czech Machinery Manufacturing Industry
Original language description
This research examines the market structure of the Czech engineering industry using the Herfindahl-Hirschman Index and other microeconomic indicators to identify the degree of competition and market concentration in the sector. The analysis covers 1,876 active engineering companies in the Czech Republic from 2014 to 2023. The HHI values found indicate very low market concentration. Combined with estimates of price elasticity of demand, the price parity model, and the return on investment indicator, the results suggest that the sector exhibits characteristics of a highly competitive and fragmented market. In such a highly competitive environment, technological innovation by individual companies appears to be a key determinant of their long-term competitiveness.
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Acta Sting
ISSN
1805-1391
e-ISSN
1805-6873
Volume of the periodical
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Issue of the periodical within the volume
1/2025
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
20
Pages from-to
53-73
UT code for WoS article
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EID of the result in the Scopus database
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