Methodological approaches to determining the monopolisation level of primary residential real estate regional markets in Ukraine
Date
2018-02-10
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Lviv Politechnic Publishing House
Abstract
In this article the author investigates
the typology and main characteristics of the markets and
provides the definition of the concept of “competition”.
Several methodological approaches were suggested in
order to determine the magnitude of the monopolisation
level of primary residential real estate regional markets
as well as the market share belonging to a certain
construction company. The aims of these approaches
are: to determine the concentration level in the market –
the scale of the largest enterprises “threshold market
share”; to analyse the state of the competitive
environment – “The Index of market concentration”; the
Linda index; “The Herfindahl-Hirschman Index”; “The
Lerner Index”; “The Dispersion Index”; “The Entropy
Index”; “The Lorentz curve”; The Gini coefficient.
Description
Keywords
competition definition methodology, real estate market monopolisation, developers competition, residential real estate, housing, primary market, market share of construction, housing construction
Citation
Pavlov K. Methodological approaches to determining the monopolisation level of primary residential real estate regional markets in Ukraine / K. Pavlov // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House, 2018. — Vol 5. — No 1. — P. 63–72.