A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines

This article characterizes the Herfindahl Hirshman Index and its use by the Department of Justice and the Federal Trade Commission of the United States, in their Horizontal Merger Guidelines. The characterization maps ranges of the index with the level of market concentration and its changes due to...

Full description

Autores:
Vallejo, Hernán
Tipo de recurso:
Work document
Fecha de publicación:
2021
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
eng
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/50542
Acceso en línea:
http://hdl.handle.net/1992/50542
Palabra clave:
Horizontal Merger Guidelines
Herndahl Hirshman Index
Market Concentration
Enhanced Market Power
L11, L22
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
id UNIANDES2_77cc377d8839b04419c283f6c89e6009
oai_identifier_str oai:repositorio.uniandes.edu.co:1992/50542
network_acronym_str UNIANDES2
network_name_str Séneca: repositorio Uniandes
repository_id_str
spelling Al consultar y hacer uso de este recurso, está aceptando las condiciones de uso establecidas por los autores.http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Vallejo, Hernánec4b3a55-56de-4ffb-8d81-c89fc900cf5f4002021-07-28T15:13:37Z2021-07-28T15:13:37Z2021http://hdl.handle.net/1992/505421657-719110.57784/1992/50542instname:Universidad de los Andesreponame:Repositorio Institucional Sénecarepourl:https://repositorio.uniandes.edu.co/This article characterizes the Herfindahl Hirshman Index and its use by the Department of Justice and the Federal Trade Commission of the United States, in their Horizontal Merger Guidelines. The characterization maps ranges of the index with the level of market concentration and its changes due to horizontal mergers and acquisitions, in terms of the number of firms operating in the market and the market share of the largest active firm. The article aims to provide alternative and graphic approaches that may contribute to analyze horizontal mergers and acquisitions in an easier and expedited way, from a market concentration perspective and before there are any changes in strategic interactions or market equilibria.31 páginasapplication/pdfengUniversidad de los Andes, Facultad de Economía, CEDEDocumentos CEDE No. 32 Julio de 2021https://ideas.repec.org/p/col/000089/019422.htmlA characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger GuidelinesDocumento de trabajoinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttps://purl.org/redcol/resource_type/WPHorizontal Merger GuidelinesHerndahl Hirshman IndexMarket ConcentrationEnhanced Market PowerL11, L22Facultad de EconomíaPublicationORIGINALdcede2021-32.pdfdcede2021-32.pdfapplication/pdf9183566https://repositorio.uniandes.edu.co/bitstreams/142e95ca-90c2-4768-84a6-b50d34504ebe/downloade09a9df3b91ca2784e3fb603e384d360MD51THUMBNAILdcede2021-32.pdf.jpgdcede2021-32.pdf.jpgIM Thumbnailimage/jpeg18697https://repositorio.uniandes.edu.co/bitstreams/608a8a06-a7f7-4ecb-819b-fcde928a290f/download5c7a75b81e1fb53aa5c3235ef1fca454MD55TEXTdcede2021-32.pdf.txtdcede2021-32.pdf.txtExtracted texttext/plain39440https://repositorio.uniandes.edu.co/bitstreams/d951b803-f705-488b-ba2c-b7d8faea7f72/downloaddc3a87bca9af843446f8751e69e2d854MD541992/50542oai:repositorio.uniandes.edu.co:1992/505422024-06-04 15:48:59.947http://creativecommons.org/licenses/by-nc-nd/4.0/open.accesshttps://repositorio.uniandes.edu.coRepositorio institucional Sénecaadminrepositorio@uniandes.edu.co
dc.title.none.fl_str_mv A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
title A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
spellingShingle A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
Horizontal Merger Guidelines
Herndahl Hirshman Index
Market Concentration
Enhanced Market Power
L11, L22
title_short A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
title_full A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
title_fullStr A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
title_full_unstemmed A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
title_sort A characterization of the Herfindahl Hirschman Index and its use in the Horizontal Merger Guidelines
dc.creator.fl_str_mv Vallejo, Hernán
dc.contributor.author.none.fl_str_mv Vallejo, Hernán
dc.subject.keyword.none.fl_str_mv Horizontal Merger Guidelines
Herndahl Hirshman Index
Market Concentration
Enhanced Market Power
topic Horizontal Merger Guidelines
Herndahl Hirshman Index
Market Concentration
Enhanced Market Power
L11, L22
dc.subject.jel.none.fl_str_mv L11, L22
description This article characterizes the Herfindahl Hirshman Index and its use by the Department of Justice and the Federal Trade Commission of the United States, in their Horizontal Merger Guidelines. The characterization maps ranges of the index with the level of market concentration and its changes due to horizontal mergers and acquisitions, in terms of the number of firms operating in the market and the market share of the largest active firm. The article aims to provide alternative and graphic approaches that may contribute to analyze horizontal mergers and acquisitions in an easier and expedited way, from a market concentration perspective and before there are any changes in strategic interactions or market equilibria.
publishDate 2021
dc.date.accessioned.none.fl_str_mv 2021-07-28T15:13:37Z
dc.date.available.none.fl_str_mv 2021-07-28T15:13:37Z
dc.date.issued.none.fl_str_mv 2021
dc.type.spa.fl_str_mv Documento de trabajo
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.driver.spa.fl_str_mv info:eu-repo/semantics/workingPaper
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_8042
dc.type.content.spa.fl_str_mv Text
dc.type.redcol.spa.fl_str_mv https://purl.org/redcol/resource_type/WP
format http://purl.org/coar/resource_type/c_8042
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/1992/50542
dc.identifier.eissn.none.fl_str_mv 1657-7191
dc.identifier.doi.none.fl_str_mv 10.57784/1992/50542
dc.identifier.instname.spa.fl_str_mv instname:Universidad de los Andes
dc.identifier.reponame.spa.fl_str_mv reponame:Repositorio Institucional Séneca
dc.identifier.repourl.spa.fl_str_mv repourl:https://repositorio.uniandes.edu.co/
url http://hdl.handle.net/1992/50542
identifier_str_mv 1657-7191
10.57784/1992/50542
instname:Universidad de los Andes
reponame:Repositorio Institucional Séneca
repourl:https://repositorio.uniandes.edu.co/
dc.language.iso.none.fl_str_mv eng
language eng
dc.relation.ispartofseries.none.fl_str_mv Documentos CEDE No. 32 Julio de 2021
dc.relation.repec.spa.fl_str_mv https://ideas.repec.org/p/col/000089/019422.html
dc.rights.uri.*.fl_str_mv http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.accessrights.spa.fl_str_mv info:eu-repo/semantics/openAccess
dc.rights.coar.spa.fl_str_mv http://purl.org/coar/access_right/c_abf2
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-nd/4.0/
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.extent.none.fl_str_mv 31 páginas
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
institution Universidad de los Andes
bitstream.url.fl_str_mv https://repositorio.uniandes.edu.co/bitstreams/142e95ca-90c2-4768-84a6-b50d34504ebe/download
https://repositorio.uniandes.edu.co/bitstreams/608a8a06-a7f7-4ecb-819b-fcde928a290f/download
https://repositorio.uniandes.edu.co/bitstreams/d951b803-f705-488b-ba2c-b7d8faea7f72/download
bitstream.checksum.fl_str_mv e09a9df3b91ca2784e3fb603e384d360
5c7a75b81e1fb53aa5c3235ef1fca454
dc3a87bca9af843446f8751e69e2d854
bitstream.checksumAlgorithm.fl_str_mv MD5
MD5
MD5
repository.name.fl_str_mv Repositorio institucional Séneca
repository.mail.fl_str_mv adminrepositorio@uniandes.edu.co
_version_ 1818112069364350976

Publicaciones similares