Exploring the market concentration and the market dominance of international tourist hotels in Taiwan
Autor: | Su Mei Lin, Li-Yang Hsieh |
---|---|
Rok vydání: | 2016 |
Předmět: |
Factor market
Southern taiwan 05 social sciences 02 engineering and technology Market concentration Economy 0502 economics and business 0202 electrical engineering electronic engineering information engineering Economics Position (finance) 020201 artificial intelligence & image processing Economic geography 050207 economics Market share Tourism |
Zdroj: | Journal of Statistics and Management Systems. 19:285-301 |
ISSN: | 2169-0014 0972-0510 |
DOI: | 10.1080/09720510.2015.1103449 |
Popis: | This study primarily analyzed the market concentration and market dominance of international tourist hotels in Taiwan. The results are presented as follows: (a) Northern Taiwan was classified as a lowly concentrated market, which is similar to the fragmented industry described in Michael Porter’s Five Forces of Competitive Position theory, in which firms are extremely competent and no individual firm can become the major player in the industry. (b) Central and Eastern Taiwan were classified using the four-firm concentration ratio (CR4) as having an industrial structure of highly concentrated markets. (c) CR4 was employed to measure the industrial structure of Southern Taiwan, and a moderately concentrated market was obtained. The second part of this study involved analyzing the market dominance of leading firms. Only when the industrial structures were categorized as highly concentrated markets by using CR4 for measurements and when the firms that held the largest and second largest market shares ... |
Databáze: | OpenAIRE |
Externí odkaz: |