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Market concentration in the Spanish turbot aquaculture sector: A regional analysis
Author(s) -
FernándezGonzález Raquel,
PérezPérez Marcos I.,
Garza Gil María Dolores
Publication year - 2021
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/pirs.12589
Subject(s) - turbot , business , aquaculture , process (computing) , fish <actinopterygii> , industrial organization , economics , fishery , biology , computer science , operating system
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.