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Industrija
2009, vol. 37, iss. 2, pp. 59-77
article language: Serbian
document type: Original Scientific Paper

Supply concentration analysis in Serbian insurance sector
University of Kragujevac, Faculty of Economy

e-mail: mkostic@kg.ac.yu

Abstract

The subject of observing in this article is the level of concentration in insurance sector of the Republic of Serbia, which is characterized by classic oligopoly type of market structure. There are given basic indicators, by which the state and changes in the level of concentration of the insurance sector are analyzed in 2006 and 2007. These indicators are: concentration ratio, Herfindahl-Hirschman index, Lorenz curve, Gini coefficient and Entropy coefficient. The aim of the article is to present global picture of the market, which is somewhat limited.

Keywords

market structure; oligopoly; level of concentration

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