Abstract

SALVATIERRA ESPINOSA, Alex B.; PEREZ MARTINEZ, Armenio  and  RODRIGUEZ FERNANDEZ, Aimara. Cement market structure in ecuador from 2010 to 2020. Revista de coyuntura y perspectiva [online]. 2022, vol.7, n.1, pp.33-52. ISSN 2415-0622.  https://doi.org/1056274/ec.2022.v.7n1.2.

The study of the characteristics and behavior of the market is a condition for the economic development of countries and regions. This article aims to identify the behavior of the cement market in Ecuador, based on the determination of its main characteristics. The methodology used corresponds to a theoretical study, mainly using the historical-logical analysis of the information and economic data collected from official media. The conclusions reached indicate that the cement market in Ecuador behaves like a Stackelberg-type oligopoly, taking into account the participation and behavior of the three companies that offer the product, being HOLCIM ECUADOR S.A. who has the highest participation with 63.56%.

Keywords : Market; oligopoly; Stackelberg model; competition.

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