Properties of a Dynamic Measure of Industrial Concentration

Several commonly used concentration measures are defined and discussed. The Grossack Model of Permanent Industrial Concentration and its three concentration indices are explained. Monte Carlo Techniques are used to generate synthetic data which is then used to compute theoretical values of the Grossack Model Indices. Values of other commonly used concentration indices are computed for comparison purposed. The Grossack Model Indices are then subjected to a variety of statistical tests. The results of these tests are presented and evaluated and a conclusion is drawn