Тестовий режим. Платформа працює в режимі випробування: частина можливостей ще незавершена, дані можуть змінюватися, а окремі сторінки — виглядати або рахуватися неточно. Як читати показники · Якщо профіль стосується вас
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Competitiveness in the Ukrainian stock market and local crisis of 2013–2015

Alex PlastunORCIDІнна МакаренкоORCIDIevgen BalatskyiORCID

Анотація

This paper investigates competitiveness in the Ukrainian stock market during local crisis of 2013–2015. The following hypothesis is tested: crisis decreases competitiveness in the stock market. The analysis is carried out for the most liquid stocks in the Ukrainian Exchange (UX) over the period from 2010 to 2017 using both traditional measurements of market concentration (Hirschman Index, Lerner Index, Comprehensive Concentration Index, Entropy Index, Gini coefficient, etc.) and some alternative methods like regression analysis with dummy variables and Kruskal-Wallis test. The results suggest that the current degradation of the Ukrainian stock market is closely related with significant changes in the market concentration which are caused by the local crisis.

Класифікація

Домен
Social Sciences
Галузь
Economics, Econometrics and Finance
Підгалузь
FinanceGeneral Economics, Econometrics and FinanceEconomics and Econometrics
Тема
Financial Markets and Investment StrategiesEconomic Issues in Ukraine★Complex Systems and Time Series Analysis

Ідентифікатори

DOI: 10.21511/imfi.15(2).2018.03

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