Detecting Monopolisation Tendencies in the Context of Modern Business Cycles: Elaboration via Implementation
18th International Scientific Conference “Economic Science for Rural Development-2017”: Proceedings. No.45 2017
Dmitrijs Skoruks, Jekaterina Skoruka, Maija Šenfelde

The research “Detecting Monopolisation Tendencies in the Context of Modern Business Cycles: Elaboration via Implementation” is the next step in empirical evidence gathering and applicability verification of a methodological framework, developed and disclosed in previously conducted study by the authors (Skoruks, Nazarova, Senfelde, 2016), aimed at providing new quantitative methods of monopolistic trend analysis, while simultaneously considering the economic effects, induced by modern business cycle progression. The research provides a multi–perspective in–depth description of the nature, the occurrence sources, the development procedure and the internal conjuncture specifics of the present day monopolisation process as well as provides an example of modern econometrical method application within a unified framework of market competition analysis for the purpose of conducting a quantitative competition evaluation of an industry – level, resulting in applicable outcomes, suited for both private and public actors in terms of investment/business activity strategic analysis for the former and policy/regulatory action planning for the latter. The main scope of the aforementioned research is devoted to developing and further enhancement of monopolistic tendencies’ detecting and quantitative analysis practices, while simultaneously considering the broader context of macroeconomic volatility and the corrective market effects, occurring within various stages of business cycle development. The current research employs a system of economic situation – reflecting ratios based on authentic calculations, conducted within the framework of the chosen industry’s structural conjuncture analysis, described through the prism of market power distribution between the involved supply – side actors, while attempting to conduct a robustness and applicability verification test of the empirical methodology via its practical implementation.


Keywords
Monopolisation process, market power, business cycle, competitive environment, methodology testing
Hyperlink
http://apps.webofknowledge.com.resursi.rtu.lv/full_record.do?product=WOS&search_mode=GeneralSearch&qid=1&SID=X1clRBv5SvKRuGTVsIL&page=1&doc=2&cacheurlFromRightClick=no

Skoruks, D., Skoruka, J., Šenfelde, M. Detecting Monopolisation Tendencies in the Context of Modern Business Cycles: Elaboration via Implementation. In: 18th International Scientific Conference “Economic Science for Rural Development-2017”: Proceedings. No.45, Latvia, Jelgava, 27-28 April, 2017. Jelgava: 2017, pp.367-374. ISBN 978-9984-48-261-3. ISSN 1691-3078. e-ISSN 2255-9930.

Publication language
English (en)
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