Market concentration in the Spanish turbot aquaculture sector: A regional analysis

This paper analyses the regional evolution of the market structure in the Spanish turbot industry, which is the leading turbot producer in Europe, using different concentration rates. The analysis is performed considering several factors that have influenced the evolution of the sector, the most imp...

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Bibliographic Details
Published in:Papers in Regional Science
Main Authors: Fernández González, Raquel, Pérez Pérez, Marcos Íñigo, Garza Gil, María Dolores
Format: Article in Journal/Newspaper
Language:English
Published: Papers of the Regional Science Association 2021
Subjects:
Online Access:http://hdl.handle.net/11093/6565
https://doi.org/10.1111/pirs.12589
https://linkinghub.elsevier.com/retrieve/pii/S1056819023001197
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Summary:This paper analyses the regional evolution of the market structure in the Spanish turbot industry, which is the leading turbot producer in Europe, using different concentration rates. The analysis is performed considering several factors that have influenced the evolution of the sector, the most important being the application of technology, business strategies and the institutional framework. The results confirm a process of concentration. Starting from an initial phase in which the sector was composed of a considerable number of small companies, this industry has evolved towards a situation in which only two large firms dominate the market. Este artículo analiza la evolución regional de la estructura del mercado en la industria española del rodaballo, la mayor productora de rodaballo en Europa, mediante el empleo de diferentes índices de concentración. El análisis se realizó teniendo en cuenta varios factores que han influido en la evolución del sector, entre los más importantes el uso de tecnología, las estrategias empresariales y el marco institucional. Los resultados confirman un proceso de concentración. Partiendo de una fase inicial en la que el sector estaba compuesto por un gran número de pequeñas empresas, esta industria ha evolucionado hacia una situación en la que tan sólo dos grandes empresas dominan el mercado. Xunta de Galicia | Ref. ED431E2018/07 Xunta de Galicia | Ref. ED431C2018/48 Agencia Estatal de Investigación | Ref. RTI2018-099225-B-I00