Estructura de mercado de las subastas de ganado de levante en Montería y Sincelejo (Colombia)

Omar E. Castillo

doi:10.17533/udea.rccp.324288

Authors

Omar E. Castillo

DOI:

https://doi.org/10.17533/udea.rccp.324288

Keywords:

bovine cattle competence, cattle auctions, concentration rate

Abstract

Summary

This article characterizes the market structure of young cattle auctions in the Montería and Sincelejo cities (Colombia) by four concentration index of purchase: CR₄, CR₈, and the Herfindhal and Rosembluth index. The results pointed out that the market structure of the cattle auctions is a perfect competence or workable competition, as name in economic theory and industrial organization handbook respectively.

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