The limitations of competition in the insurance markets of Slovenia, Croatia and Serbia

Kostić, Milan; Maksimović, Ljiljana; Stojanović, Boban

doi:10.1080/1331677x.2016.1169703

Cited by 12 publications

(5 citation statements)

References 17 publications

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“…The integrated development of regional agro-industrial complexes will contribute to increasing the competitiveness of both the region as whole and individual enterprises due to the growth of economic and financial indicators that demonstrate the effectiveness of their activities [13][14][15].…”

Section: Resultsmentioning

confidence: 99%

Methodology of Formation of Economic Relations in Agro-Industrial Complex

Medelyаeva¹,

Pankratova²,

Shilova³

et al. 2020

Proceedings of the International Conference on Policies and Economics Measures for Agricultural Development (AgroDevEco 2020)

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The activity of the agro-industrial complex is determined both by the available resources (land, labor, fixed and current assets), the technologies used, the scientific and technical potential, and the existing production and economic relations in the system, which is the agro-industrial complex. Production and economic relations, in turn, are determined by the organizational and economic mechanism, which includes tools, methods and means of influencing market players. Many market players are involved in the sphere of joint activities and it is the economic mechanism that should ensure equal cooperation in order to fulfill the goals set for ensuring the country's food security, as the main task of the state.

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Section: Resultsmentioning

confidence: 99%

Methodology of Formation of Economic Relations in Agro-Industrial Complex

Medelyаeva¹,

Pankratova²,

Shilova³

et al. 2020

Proceedings of the International Conference on Policies and Economics Measures for Agricultural Development (AgroDevEco 2020)

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“…Also, there is the work of Belobaba and Van Acker (1994), who analyzed the level of concentration in the US airline market, as well as the work of Einarsson (2008) who explored the level of concentration in the retail markets of the Nordic countries. In Serbia, we can highlight the works of Stojanović and Radivojević (2010), which deals with the concentration of non-specialized retail trade of Niš, and the work of Kostić, Maksimović, and Stojanović (2016) which analyzes the trends in the level of concentration in the insurance market of Slovenia, Croatia, and Serbia. Concerning the works related to the ICT sector of Serbia, we highlight two very up to date works.…”

Section: Literature Review and Methodologymentioning

confidence: 99%

Information and communication technologies product market and protection of competition in the Republic of Serbia

Stojanović¹,

Kostić²

2018

Ekonomika

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Starting from the fact that the importance of information and communication technologies (ICT) for the development of a national economy is high, it has been examined how this sector and the situation in individual markets in the sector affect competition policy. All the most important markets of the ICT sector of Serbia are characterized by a high level of concentration measured using the Herfindahl-Hirschman Index (HHI) with a tendency of decrease. In such circumstances, there are three directions of changing approach to competition policy: (1) changing the angle of observation and estimation of the relevant market boundaries; (2) balancing between good and bad parties related to joining in research and development (R&D), and (3) a more attentive attitude towards patents and licenses, as a basis for the protection of intellectual property, but also barriers to entry into new market. What is required of contemporary competition policy is a dichotomous view of the boundaries of relevant product market. One which is focused on the services of one market from the ICT sector and the second one focused on integral observation of linked services from the ICT sector. Moreover, national competition bodies are required to mutually cooperate at a higher level through the formalization of the information exchange protocol. In the segment related to cooperation in the field of research and development and affirmation of intellectual property protection, through patents and licenses, special attention is required from competition policy so as not to impair the welfare of these institutions, while at the same time preventing uncompetitive behavior.

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“…Financial savings can be expected if a sufficient level of competition exists in the tender [16]. A number of studies have assessed the conditions of competition using various indicators, e.g., concentration and inequality [17]. Ye et al [18] define the project level competition intensity measurement as the extent to which competition happens in a pool of contractors who are bidding for common construction works.…”

Section: State Of the Artmentioning

confidence: 99%

Analysis of Construction Auctions Data in Slovak Public Procurement

Hanák

Serrat

2018

Advances in Civil Engineering

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The requirement for efficient public spending leads contracting authorities to use electronic reverse auctions (e-RA), a tool that allows achieving financial savings. In this study, we aim to explore the relationships between the different acting e-RA variables and to check for predictive models in order to infer on the savings amount in construction public procurement. Data on real construction auctions in Slovakia were statistically analysed by means of graphics tools, multiple regression analysis, test, and statistics for measuring the association between categorical variables. The results revealed that one should take the type of contract into account when considering the use of e-RA. This research provides several implications for purchasing practitioners in the area of construction procurement, especially with regard to the level of competition in the auction and estimation of savings potential. Presented findings aid managerial decision-making process of e-RA adoption. At the end, recommended future research directions in the investigated area are outlined.

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The limitations of competition in the insurance markets of Slovenia, Croatia and Serbia

Cited by 12 publications

References 17 publications

Methodology of Formation of Economic Relations in Agro-Industrial Complex

Methodology of Formation of Economic Relations in Agro-Industrial Complex

Information and communication technologies product market and protection of competition in the Republic of Serbia

Analysis of Construction Auctions Data in Slovak Public Procurement

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