SlideShare a Scribd company logo

Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD discussion

•
•
OECD Directorate for Financial and Enterprise Affairs
OECD Directorate for Financial and Enterprise Affairs

This presentation by the Chinese Taipei Fair Trade Commission was made during the discussion “Methodologies to Measure Market Competition” held at the 135th meeting of the OECD Competition Committee on 11 June 2021. More papers and presentations on the topic can be found out at oe.cd/mmmc.

Presentations & Public Speaking
1 of 6
Download to read offline
Methodologies to Measure Market Competition: A Case in Chinese Taipei Specialist Hsing-Yuan Wang Chinese Taipei Fair Trade Commission Friday, 11 June, 2021 OECD Competition Committee
• Direct measurement methodologies • (Data：product prices, marginal costs and profits) Methodologies to measure market competition 1 Price-cost margin analysis Lerner index Profit margin analysis Cointegration test Marketing margin analysis • Indirect measurement methodologies • (Data：market share) Market share Concentration ratio CR4 Herfindahl-Hirschman Index (HHI)
• Soybean importers intend to apply to the CTFTC for approval of a cartel exemption, which allows them to jointly purchase and ship soybeans in bulk. Soybean import market shares and market concentration Case study：Soybean import cartel exemptions 2 2012 2013 2014 Market Share of the Central Group 40.65% 34.43% 35.91% Market Share of the Southern Group 52.90% 54.03% 54.37% CR4 61.93% 64.00% 65.30% HHI 1,363 1,534 1,731
Cointegration test 3 • We applied Johansen’s cointegration test with three series of monthly average soybean prices(2012.1~2015.6) to determine if a common long-term trend existed and if the variables were cointegrated. • CIF prices ：the prices set by international grain traders • Average import prices ：the import costs for domestic companies • The prices for self-collection at port：the wholesale prices in the domestic market
Cointegration test 4 Under the principles of Johansen’s model (1994), at the significance level of 0.05, the trace test and the maximum eigenvalue test results suggested that there was only one cointergating vector among the three price variables .
Marketing margin analysis 5 the marketing margin of soybeans = (0.18×the price for soybean oil +0.82×the price for soybean meal) - the price of soybeans. 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 201201 201206 201211 201304 201309 201402 201407 201412 201505 United State Chinese Taipei $NTD/kg

Recommended

Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – UK FCA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK FCA – Feb 2021 OECD WorkshopMethodologies to measure market competition – UK FCA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK FCA – Feb 2021 OECD Workshop
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...
Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...
Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...
Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...
Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...
Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...
Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
OECD Directorate for Financial and Enterprise Affairs
 

Recommended

Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – UK FCA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK FCA – Feb 2021 OECD WorkshopMethodologies to measure market competition – UK FCA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK FCA – Feb 2021 OECD Workshop
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...
Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...
Methodologies to measure market competition – Netherlands – Feb 2021 OECD Wor...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...
Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...
Methodologies to Measure Market Competition – NEW-ZEALAND – June 2021 OECD di...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...
Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...
Methodologies to Measure Market Competition – OECD COMPETITION DIVISION – Jun...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...
Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...
Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – Romania – Feb 2021 OECD Workshop
Methodologies to measure market competition – Romania – Feb 2021 OECD WorkshopMethodologies to measure market competition – Romania – Feb 2021 OECD Workshop
Methodologies to measure market competition – Romania – Feb 2021 OECD Workshop
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
OECD Directorate for Financial and Enterprise Affairs
 
Market study methodologies for competition authorities – Chinese Taipei Fair ...
Market study methodologies for competition authorities – Chinese Taipei Fair ...Market study methodologies for competition authorities – Chinese Taipei Fair ...
Market study methodologies for competition authorities – Chinese Taipei Fair ...
OECD Directorate for Financial and Enterprise Affairs
 
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussionMerger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
OECD Directorate for Financial and Enterprise Affairs
 
Competition law and state-owned enterprises – OECD Secretariat – November 201...
Competition law and state-owned enterprises – OECD Secretariat – November 201...Competition law and state-owned enterprises – OECD Secretariat – November 201...
Competition law and state-owned enterprises – OECD Secretariat – November 201...
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...
Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...
Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...
OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – UK CMA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK CMA – Feb 2021 OECD WorkshopMethodologies to measure market competition – UK CMA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK CMA – Feb 2021 OECD Workshop
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
OECD Directorate for Financial and Enterprise Affairs
 
Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...
Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...
Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
OECD Directorate for Financial and Enterprise Affairs
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
OECD Directorate for Financial and Enterprise Affairs
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
OECD Directorate for Financial and Enterprise Affairs
 
Dariusz Koba, Poland, third regional conference on public procurement for ENP...
Dariusz Koba, Poland, third regional conference on public procurement for ENP...Dariusz Koba, Poland, third regional conference on public procurement for ENP...
Dariusz Koba, Poland, third regional conference on public procurement for ENP...
Support for Improvement in Governance and Management SIGMA
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
OECD Directorate for Financial and Enterprise Affairs
 
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
OECD Directorate for Financial and Enterprise Affairs
 
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
OECD Directorate for Financial and Enterprise Affairs
 
Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...
Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...
Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...
OECD Directorate for Financial and Enterprise Affairs
 
142
142142
142
Dr Lendy Spires
 

More Related Content

What's hot

What's hot (20)

Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...
Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...
Methodologies to measure market competition – Chiara Criscuolo – Feb 2021 OEC...
 
Methodologies to measure market competition – Romania – Feb 2021 OECD Workshop
Methodologies to measure market competition – Romania – Feb 2021 OECD WorkshopMethodologies to measure market competition – Romania – Feb 2021 OECD Workshop
Methodologies to measure market competition – Romania – Feb 2021 OECD Workshop
 
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
 
Market study methodologies for competition authorities – Chinese Taipei Fair ...
Market study methodologies for competition authorities – Chinese Taipei Fair ...Market study methodologies for competition authorities – Chinese Taipei Fair ...
Market study methodologies for competition authorities – Chinese Taipei Fair ...
 
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussionMerger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
 
Competition law and state-owned enterprises – OECD Secretariat – November 201...
Competition law and state-owned enterprises – OECD Secretariat – November 201...Competition law and state-owned enterprises – OECD Secretariat – November 201...
Competition law and state-owned enterprises – OECD Secretariat – November 201...
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
 
Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...
Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...
Methodologies to Measure Market Competition – UKRAINE – June 2021 OECD discus...
 
Methodologies to measure market competition – UK CMA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK CMA – Feb 2021 OECD WorkshopMethodologies to measure market competition – UK CMA – Feb 2021 OECD Workshop
Methodologies to measure market competition – UK CMA – Feb 2021 OECD Workshop
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
 
Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...
Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...
Economic analysis and evidence in abuse cases – JENKINS – December 2021 OECD ...
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
 
Dariusz Koba, Poland, third regional conference on public procurement for ENP...
Dariusz Koba, Poland, third regional conference on public procurement for ENP...Dariusz Koba, Poland, third regional conference on public procurement for ENP...
Dariusz Koba, Poland, third regional conference on public procurement for ENP...
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
 
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
 
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
 

Similar to Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD discussion

How to write Pharma marketing plan ?
How to write Pharma marketing plan ?How to write Pharma marketing plan ?
How to write Pharma marketing plan ?
Modjtaba Babazadeh
 
Itc
ItcItc
Itc
Sandeep Samanta
 

Similar to Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD discussion (12)

Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...
Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...
Key findings of 2018 OECD Review of CFE procurement rules and practices in Me...
 
142
142142
142
 
Competitive smallholder livestock in Botswana
Competitive smallholder livestock in BotswanaCompetitive smallholder livestock in Botswana
Competitive smallholder livestock in Botswana
 
Market Information and Farmers’ Access to Structured Markets. Evidence from a...
Market Information and Farmers’ Access to Structured Markets. Evidence from a...Market Information and Farmers’ Access to Structured Markets. Evidence from a...
Market Information and Farmers’ Access to Structured Markets. Evidence from a...
 
Analysis of milk production, butter marketing and household use of inputs in ...
Analysis of milk production, butter marketing and household use of inputs in ...Analysis of milk production, butter marketing and household use of inputs in ...
Analysis of milk production, butter marketing and household use of inputs in ...
 
Do Product Standards Matter for Margins of Trade in Egypt? Evidence from Firm...
Do Product Standards Matter for Margins of Trade in Egypt? Evidence from Firm...Do Product Standards Matter for Margins of Trade in Egypt? Evidence from Firm...
Do Product Standards Matter for Margins of Trade in Egypt? Evidence from Firm...
 
How to write Pharma marketing plan ?
How to write Pharma marketing plan ?How to write Pharma marketing plan ?
How to write Pharma marketing plan ?
 
Fighting Bid Rigging in Public Procurement: A review of procurement rules and...
Fighting Bid Rigging in Public Procurement: A review of procurement rules and...Fighting Bid Rigging in Public Procurement: A review of procurement rules and...
Fighting Bid Rigging in Public Procurement: A review of procurement rules and...
 
From tools to action, the feed industry perspective
From tools to action, the feed industry perspectiveFrom tools to action, the feed industry perspective
From tools to action, the feed industry perspective
 
Itc
ItcItc
Itc
 
Determinants of Smallholder Market Participation: Evidence from Feed the Futu...
Determinants of Smallholder Market Participation: Evidence from Feed the Futu...Determinants of Smallholder Market Participation: Evidence from Feed the Futu...
Determinants of Smallholder Market Participation: Evidence from Feed the Futu...
 
Npop certification
Npop certificationNpop certification
Npop certification
 

More from OECD Directorate for Financial and Enterprise Affairs

More from OECD Directorate for Financial and Enterprise Affairs (20)

OECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - HighlightsOECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - Highlights
 
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
 
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussionEx-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussionEx-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
 
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
 
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
 
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussionAlternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
 
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussionAlternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
 
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
 
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
 
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
 
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
 
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
 
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussionSerial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
 
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
 
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussionSerial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
 
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
 
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
 

Recently uploaded

Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
David Celestin
 
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
ZurliaSoop
 
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityUnlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Hung Le
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac Folorunso
Kayode Fayemi
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
amilabibi1
 

Recently uploaded (17)

Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
 
Introduction to Artificial intelligence.
Introduction to Artificial intelligence.Introduction to Artificial intelligence.
Introduction to Artificial intelligence.
 
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
 
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityUnlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
 
Zone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptxZone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptx
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Bailey
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatment
 
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfSOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar Training
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of Drupal
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio III
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac Folorunso
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
 
ICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdfICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdf
 
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait Cityin kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
 

Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD discussion

  • 1. Methodologies to Measure Market Competition: A Case in Chinese Taipei Specialist Hsing-Yuan Wang Chinese Taipei Fair Trade Commission Friday, 11 June, 2021 OECD Competition Committee
  • 2. • Direct measurement methodologies • (Data：product prices, marginal costs and profits) Methodologies to measure market competition 1 Price-cost margin analysis Lerner index Profit margin analysis Cointegration test Marketing margin analysis • Indirect measurement methodologies • (Data：market share) Market share Concentration ratio CR4 Herfindahl-Hirschman Index (HHI)
  • 3. • Soybean importers intend to apply to the CTFTC for approval of a cartel exemption, which allows them to jointly purchase and ship soybeans in bulk. Soybean import market shares and market concentration Case study：Soybean import cartel exemptions 2 2012 2013 2014 Market Share of the Central Group 40.65% 34.43% 35.91% Market Share of the Southern Group 52.90% 54.03% 54.37% CR4 61.93% 64.00% 65.30% HHI 1,363 1,534 1,731
  • 4. Cointegration test 3 • We applied Johansen’s cointegration test with three series of monthly average soybean prices(2012.1~2015.6) to determine if a common long-term trend existed and if the variables were cointegrated. • CIF prices ：the prices set by international grain traders • Average import prices ：the import costs for domestic companies • The prices for self-collection at port：the wholesale prices in the domestic market
  • 5. Cointegration test 4 Under the principles of Johansen’s model (1994), at the significance level of 0.05, the trace test and the maximum eigenvalue test results suggested that there was only one cointergating vector among the three price variables .
  • 6. Marketing margin analysis 5 the marketing margin of soybeans = (0.18×the price for soybean oil +0.82×the price for soybean meal) - the price of soybeans. 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 201201 201206 201211 201304 201309 201402 201407 201412 201505 United State Chinese Taipei $NTD/kg