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Степень Монополизации Сектора Страхования В Сербии
[Degree of Monopolization of Insurance Sector in Serbia]

Author

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  • Bukvić, Rajko

Abstract

Russian. В статье рассматривается проблема определения степени монополизации страхового сектора Сербии (без Косово и Метохии) в период 2010-2023 гг. Исследование проведено на основе данных о совокупной страховой премии страховых компаний, согласно которым были рассчитаны обичный коэффициент концентрации рынка и коэффициент Хиршмана-Херфиндаля, как наиболее популярные и наиболее часто используемые меры концентрации. Их значения показывают относительно высокий уровень концентрации, но без четких тенденций в ее движении и с минимальным снижением в целом. На основе эквивалентного числа как обратного значения коэффициента Хиршмана-Херфиндаля был предложен индекс, или коэффициент предела монополизации рынка, показывающий степень монополизации данного рынка. Его значения в наблюдаемый период колеблются примерно от 75 до 60 %, с чёткой тенденцией к снижению, значительно более интенсивному, чем минимальное снижение значений коэффициентов концентрации. Это показывает, что влияние монополистических (и олигополистических) структур на страховом рынке Сербии в данный период снижается и что он становится все более конкурентным, несмотря на уменьшение числа страховых компаний в первой половине наблюдаемого периода и их неизменном количестве с 2018 года. English. This article deals with the matter of determining the level of monopolization in the insurance sector of Serbia (excluding Kosovo and Metohia) during the period 2010–2023. The basis of the research were data on the total insurance premium of insurance companies, for which we calculated the market concentration coefficient and the Hirschman-Herfindahl Index (HHI), as the most popular and most commonly used measures of concentration. Their values show a (relatively) high level of concentration, but without clear tendencies in its movement, and with minimal decline overall. Based on the equivalent number, as the reciprocal (inverse) value of the HHI coefficient, an index called the monopoly market ratio or boundary index of market monopolization was proposed, showing the degree to which the market is monopolized. The values of this index during the observed period range from around 75 to 60, with a clear downward tendency, significantly more intense than the minimal decline in the concentration coefficient values. This indicates that the insurance market in Serbia is reducing the influence of monopolistic (and oligopolistic) structures during the given period and is becoming increasingly competitive, despite the decrease in the number of insurance companies in the first half of the observed period and their unaltered number since 2018.

Suggested Citation

  • Bukvić, Rajko, 2024. "Степень Монополизации Сектора Страхования В Сербии [Degree of Monopolization of Insurance Sector in Serbia]," MPRA Paper 121940, University Library of Munich, Germany, revised 2024.
  • Handle: RePEc:pra:mprapa:121940
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    More about this item

    Keywords

    монополизация; концентрация; конкуренция; страховое дело; Сербия; показатели; рыночные доли; число компаний; эквивалентное число; monopolization; concentration; competition; insurance; Serbia; indicators; market shares; number of companies; equivalent number;
    All these keywords.

    JEL classification:

    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L84 - Industrial Organization - - Industry Studies: Services - - - Personal, Professional, and Business Services

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