Vegetable oil in Ecuador: a profitable sector with market power?
Within Industrial Organization, the SCP paradigm is crucial for understanding the situation of companies and sectors, and it is essential to apply it in industries of staple products to counteract the adverse effects of concentrated markets. Therefore, the present research aims to analyze the relat...
שמור ב:
| מחבר ראשי: | |
|---|---|
| מחברים אחרים: | |
| פורמט: | article |
| שפה: | spa |
| יצא לאור: |
2024
|
| נושאים: | |
| גישה מקוונת: | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/480 |
| תגים: |
הוספת תג
אין תגיות, היה/י הראשונ/ה לתייג את הרשומה!
|
הוספת תג | _version_ | 1838839179639783424 |
|---|---|
| author | Espinoza, Erika |
| author2 | Morales, Lilian |
| author2_role | author |
| author_facet | Espinoza, Erika Morales, Lilian |
| author_role | author |
| collection | Revista Cuestiones Económicas |
| dc.creator.none.fl_str_mv | Espinoza, Erika Morales, Lilian |
| dc.date.none.fl_str_mv | 2024-12-20 |
| dc.format.none.fl_str_mv | application/pdf text/html |
| dc.identifier.none.fl_str_mv | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/480 10.47550/https://doi.org/10.47550/RCE/34.2.6 |
| dc.language.none.fl_str_mv | spa |
| dc.publisher.none.fl_str_mv | Banco Central del Ecuador |
| dc.relation.none.fl_str_mv | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/480/374 https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/480/382 |
| dc.rights.none.fl_str_mv | Derechos de autor 2024 Cuestiones Económicas https://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess |
| dc.source.none.fl_str_mv | Cuestiones Económicas; Vol. 34 Núm. 2 (2024): Revista Cuestiones Económicas; Autores: Erika Anahí Espinoza Paredes y Lilian Victoria Morales Carrasco 2697-3367 2697-3367 reponame:Revista Cuestiones Económicas instname:Banco Central del Ecuador instacron:BCE |
| dc.subject.none.fl_str_mv | Industrial Organisation SCP paradigm Concentration Prices Profitability Organización industrial Paradigma ECR Concentración Precios Rentabilidad |
| dc.title.none.fl_str_mv | Vegetable oil in Ecuador: a profitable sector with market power? El aceite vegetal en Ecuador: ¿un sector rentable y con poder de mercado? |
| dc.type.none.fl_str_mv | info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Artículos de Investigación |
| description | Within Industrial Organization, the SCP paradigm is crucial for understanding the situation of companies and sectors, and it is essential to apply it in industries of staple products to counteract the adverse effects of concentrated markets. Therefore, the present research aims to analyze the relationship between market structure, behaviour, and performance according to the SCP paradigm in the vegetable oil sector in Ecuador during the period 2014-2021. The data were processed using descriptive statistics, correlational analysis, and explanatory studies. Within the framework of the SCP paradigm, the market structure was calculated using the Herfindahl-Hirschman Index, the behaviour of firms was determined by examining how they manage the market using prices as an indicator of market power, and the outcomes of the oligopoly were measured using profitability ratios such as ROA and ROE. The results indicate that the vegetable oil sector belongs to an oligopolistic market. This structure grants firms market power, enabling them to set prices, achieve higher profits, and increase profitability, resulting in better performance. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | REVCUESTEC_0e3e35407afca7ac8bb17d659f22c33e |
| identifier_str_mv | 10.47550/https://doi.org/10.47550/RCE/34.2.6 |
| instacron_str | BCE |
| institution | BCE |
| instname_str | Banco Central del Ecuador |
| language | spa |
| network_acronym_str | REVCUESTEC |
| network_name_str | Revista Cuestiones Económicas |
| oai_identifier_str | oai:estudioseconomicos.bce.fin.ec:article/480 |
| publishDate | 2024 |
| publisher.none.fl_str_mv | Banco Central del Ecuador |
| reponame_str | Revista Cuestiones Económicas |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | Revista Cuestiones Económicas - Banco Central del Ecuador |
| repository_id_str | |
| rights_invalid_str_mv | Derechos de autor 2024 Cuestiones Económicas https://creativecommons.org/licenses/by-nc/4.0 |
| spelling | Vegetable oil in Ecuador: a profitable sector with market power?El aceite vegetal en Ecuador: ¿un sector rentable y con poder de mercado?Espinoza, ErikaMorales, LilianIndustrial OrganisationSCP paradigmConcentrationPricesProfitabilityOrganización industrialParadigma ECRConcentraciónPreciosRentabilidadWithin Industrial Organization, the SCP paradigm is crucial for understanding the situation of companies and sectors, and it is essential to apply it in industries of staple products to counteract the adverse effects of concentrated markets. Therefore, the present research aims to analyze the relationship between market structure, behaviour, and performance according to the SCP paradigm in the vegetable oil sector in Ecuador during the period 2014-2021. The data were processed using descriptive statistics, correlational analysis, and explanatory studies. Within the framework of the SCP paradigm, the market structure was calculated using the Herfindahl-Hirschman Index, the behaviour of firms was determined by examining how they manage the market using prices as an indicator of market power, and the outcomes of the oligopoly were measured using profitability ratios such as ROA and ROE. The results indicate that the vegetable oil sector belongs to an oligopolistic market. This structure grants firms market power, enabling them to set prices, achieve higher profits, and increase profitability, resulting in better performance.Dentro de la organización industrial, el paradigma ECR es crucial para conocer la situación de las empresas y los sectores, resultando imprescindible aplicarlo en industrias de productos de primera necesidad para contrarrestar los efectos negativos de los mercados concentrados. Por ello, la presente investigación tiene como objetivo analizar la relación entre estructura de mercado, comportamiento y resultados en función del paradigma ECR en el sector del aceite vegetal en Ecuador en el periodo 2014-2021. Los datos se procesaron mediante estadística descriptiva, correlacional y estudios explicativos. En el marco del paradigma ECR, se calculó la estructura de mercado con el índice Herfindahl-Hirsch- man y se determinó el comportamiento que adoptan las empresas para manejar el mercado utilizando los precios como indicador del poder de mercado, mientras que los resultados del oligopolio se midieron con las ratios de rentabilidad ROA y de ROE. Los resultados indican que el sector del aceite vegetal pertenece a un mercado oligopólico, lo que permite a las empresas fijar precios, obtener mayores ganancias e incrementar su rentabilidad.Banco Central del Ecuador2024-12-20info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtículos de Investigaciónapplication/pdftext/htmlhttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/48010.47550/https://doi.org/10.47550/RCE/34.2.6Cuestiones Económicas; Vol. 34 Núm. 2 (2024): Revista Cuestiones Económicas; Autores: Erika Anahí Espinoza Paredes y Lilian Victoria Morales Carrasco2697-33672697-3367reponame:Revista Cuestiones Económicasinstname:Banco Central del Ecuadorinstacron:BCEspahttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/480/374https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/480/382Derechos de autor 2024 Cuestiones Económicashttps://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccess2025-01-13T21:10:18Zoai:estudioseconomicos.bce.fin.ec:article/480Portal de revistashttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCEOrganismo de gobiernowww.bce.fin.echttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/oaiEcuadoropendoar:2025-01-13T21:10:18falsePortal de revistashttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCEOrganismo de gobiernowww.bce.fin.echttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/oaiEcuadoropendoar:2025-01-13T21:10:18Revista Cuestiones Económicas - Banco Central del Ecuadorfalse |
| spellingShingle | Vegetable oil in Ecuador: a profitable sector with market power? Espinoza, Erika Industrial Organisation SCP paradigm Concentration Prices Profitability Organización industrial Paradigma ECR Concentración Precios Rentabilidad |
| status_str | publishedVersion |
| title | Vegetable oil in Ecuador: a profitable sector with market power? |
| title_full | Vegetable oil in Ecuador: a profitable sector with market power? |
| title_fullStr | Vegetable oil in Ecuador: a profitable sector with market power? |
| title_full_unstemmed | Vegetable oil in Ecuador: a profitable sector with market power? |
| title_short | Vegetable oil in Ecuador: a profitable sector with market power? |
| title_sort | Vegetable oil in Ecuador: a profitable sector with market power? |
| topic | Industrial Organisation SCP paradigm Concentration Prices Profitability Organización industrial Paradigma ECR Concentración Precios Rentabilidad |
| url | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/480 |