Result Details

Market Structure Analysis of the Czech Machinery Manufacturing Industry

SOBOTKOVÁ, N.; BARTOŠ, V. Market Structure Analysis of the Czech Machinery Manufacturing Industry. Acta Sting, 2025, no. 1/2025, p. 53-73.
Type
journal article
Language
English
Authors
Sobotková Nikola, Ing., ÚF (FBM)
Bartoš Vojtěch, doc. Ing., Ph.D., FBM (FBM), ÚF (FBM)
Abstract

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.

Keywords

CZ-NACE 28, market structure, market concentration,
competitiveness

URL
Published
2025
Pages
53–73
Journal
Acta Sting, no. 1/2025, ISSN
BibTeX 
@article{BUT199543,
  author="Nikola {Sobotková} and Vojtěch {Bartoš}",
  title="Market Structure Analysis of the Czech Machinery Manufacturing Industry",
  journal="Acta Sting",
  year="2025",
  number="1/2025",
  pages="53--73",
  issn="1805-1391",
  url="https://1083d3b08f.clvaw-cdnwnd.com/2fca4ad522b38b04c8a13c19d47b40dc/200000926-9710a9710c/acta1_2025_web.pdf?ph=1083d3b08f"
}
Departments
Ústav financí (ÚF)
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