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The linked index is described as "Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporter's partners." Can you expand on ho
by dv_dt 8y ago
The linked index is described as "Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporter's partners." Can you expand on how this index relates to market concentration in general, or within a single nation like the US?
- sleepysysadmin 8y agohttps://en.wikipedia.org/wiki/Herfindahl_index https://en.wikipedia.org/wiki/Herfindahl_index Named after economists Orris C. Herfindahl and Albert O. Hirschman, it is an economic concept widely applied in competition law, antitrust[1] and also technology management. The article thoroughly discussed competition and antitrust. I have not missed the mark on the subject.