A CROSS-PLATFORM MARKET STRUCTURE ANALYSIS METHOD USING ONLINE PRODUCT REVIEWS

Studies have shown that online product reviews can indicate the position of a competitive brand. Even though reviews on different platforms may express different opinions, most studies are based on only one platform. This may lead to an inaccurate analysis of market structure. To solve this problem, we develop a novel market structure analysis based on multi-attribute group decision-making which can integrate reviews from different platforms. Multiple platforms more comprehensively reflect the market than single platforms do. To verify the effectiveness of the proposed method, we conduct a case study of mobile phone reviews across three top e-commerce platforms in China. In addition, we propose a process to generate priorities for product-attribute improvements using a cross-platform market structure analysis method. Our experiments demonstrate the effectiveness of the proposed method.

Market Structure analysis with Herfindahl-Hirchman Index and Lauraéus-Kaivo-Oja Indices in the Global Cobotics Markets

Research purpose. The study is focused on the expected market dynamics of global cobotics markets. This study investigates the current market structure of the global cobotics market. The scientific aim of the research is to report the first data-based market structure analysis of the global cobotics market with the HHI index and with the LKI index analysis. With analysis we are able to show the diversification rate of the global cobotics market. Design / Methodology / Approach. The methodology is based on conventional statistical index theory and statistics. The methodology is the calculation of the Herfindahl-Hirchman Index and the Lauraéus-Kaivo-oja Index. The authors compare the results of these two methodologies. Findings. The Herfindahl-Hirschman Index (HHI) and the Lauraéus-Kaivo-oja Index are statistical measures of market concentration, and they can be used to determine market competitiveness. This paper demonstrates novel data analytics possibilities of new market data collected by the Statzon, Ltd with various comparative analytical results and findings. By our analyses we can help multiple industrial stakeholders make faster decisions and better strategic plans with the easiest and fastest access to accurate, reliable, and up-to-date cobotics industry statistics, forecasts, and insights. The finding is that this study reveals the current market structure of global cobotics. It is a novel finding and result. Originality / Value / Practical implications. This paper demonstrates the novel and exciting possibilities of transparent index calculation tools. The authors provide original results. Authors underline that extra value added to stakeholders and customers will be provided by joint data pooling strategy of various data sources, which is a key approach of this paper. Real-time market structure analyses create reliable and knowledge-based information for decision-makers and stakeholders of the global cobotics industry.

Upaya KPPU Menangani Dugaan Pelanggaran Layanan Rapid Test Diagnosis Covid-19

Indonesian Competition Commission (KPPU) conducted an initiative case research to the alleged tying-in Rapid Test services agreement in several hospitals. In the research, all hospitals that offer Rapid Test services are the objects of research. KPPU conducts market structure analysis, compliance with the elements of Article 15 paragraph (2) of Law No. 5 of 1999 on Prohibition of Monopolistic Practices and Unfair Competition, and the consequences of implementing closed agreements. Implementing this tying agreement may fall into the investigation category if, in practice, it causes monopolistic practices and or unfair business competition. Analyzing the KPPU's efforts to handle suspected business competition violations committed by hospitals, legal research will use a statutory and conceptual approach. Considering that the tying agreement can actually or potentially hinder business competition, based on KPPU's duties and authorities can enforce the law and advocate for business competition.Keywords: Tying Agreement; Rapid Test; Hospital; KPPU.AbstrakKomisi Pengawas Persaingan Usaha (KPPU) melakukan penelitian perkara inisiatif terhadap dugaan adanya perjanjian tying yang dilakukan sejumlah rumah sakit pada layanan Rapid Test. Dalam penelitian tersebut, seluruh rumah sakit yang menawarkan layanan Rapid Test menjadi objek penelitian, KPPU melakukan analisis struktur pasar, pemenuhan unsur-unsur Pasal 15 ayat (2) Undang-Undang No. 5 Tahun 1999 tentang Larangan Praktek Monopoli dan Persainan Usaha Tidak Sehat, dan akibat pelaksanaan perjanjian tertutup. Pelaksanaan perjanjian tying ini dapat masuk kategori penyelidikan jika dalam praktiknya menyebabkan praktik monopoli dan atau persaingan usaha tidak sehat. Dalam menganalisis upaya KPPU menangani dugaan pelanggaran persaingan usaha yang dilakukan rumah sakit, digunakan penelitian hukum melalui pendekatan peraturan perundang-undangan dan konseptual. Mengingat perjanjian tying secara aktual maupun potensial dapat menghambat persaingan usaha, maka KPPU berdasarkan tugas dan wewenangnya dapat melakukan penegakan hukum maupun advokasi persaingan usaha.Kata Kunci: Perjanjian Tying; Rapid Test; Rumah Sakit; KPPU.

DID THE CRISIS STRENGTHEN BANK COMPETITION IN INDONESIA?: MARKET STRUCTURE ANALYSIS PRE AND POST THE 2008 FINANCIAL CRISIS

The banking industry has become a substantial part of the economy. This paper traces the change in market structure and assess the level of competition among the top 10 banks of Indonesia for the period 2005-2014. Then also distinguishing between before and after the Global Financial Crisis. Utilizing the Panzar-Rosse method and panel data, we discovered that the results show an increase in the H-value from 2005-2009 to 2010-2014 and a movement towards an almost perfectly competitive environment. Interest rates drove the short response of post-crisis on the competition. Therefore governmental supervision is required to prevent liquidity issues due to the imposition of high-interest rates. Keywords: Banking, Competition, Global Financial Crisis, Panzar-Rosse ModelJEL Classification: D40, D41, G21, L11

THE MARKET STRUCTURE: ANALYSIS OF APPROACHES APPLICABLE TO THE RUSSIAN MARKET

Статья посвящена проблеме интеграции методологии анализа трансакционных издержек в общий анализ сделок по слияниям и поглощениям компаний. В условиях усиливающейся конкуренции на международном рынке наукоемких технологий, в целях экономии времени крупные компании вынуждены приобретать сложившиеся коллективы высококвалифицированных специалистов через слияния и поглощения. Однако такая процедура характеризуется высоким порогом экономически неэффективных сделок, что снижает конкурентоспособность всей отрасли. Целью исследования является анализ критериев оценки эффективности стратегии M&A. Научная новизна заключается в синтезе институционального и бухгалтерского подходов, позволяющего сделать вывод, что слияние и поглощение компаний является не просто переходом работников или имущества из одной фирмы в другую, это еще и изменение трансакций, а значит и трансакционных издержек, анализ которых в подавляющем большинстве вымывается при исследовании таких сделок. The article is devoted to the problem of integrating the methodology of analysis of transaction costs into the general analysis of mergers and acquisitions of companies. In the face of increasing competition in the international market for knowledge-intensive technologies, in order to save time, large companies are forced to acquire established teams of highly qualified specialists through mergers and acquisitions. However, this procedure is characterized by a high threshold of economically inefficient transactions, which reduces the competitiveness of the entire industry. The purpose of the study is to analyze the criteria for evaluating the effectiveness of the M & A strategy. The scientific novelty lies in the synthesis of institutional and accounting approaches, which make it possible to conclude that the merger and takeover of companies is not just a transfer of workers or property from one firm to another, it is also a change in transactions, and therefore transaction costs, the analysis of which is overwhelmingly washed out when studying such transactions.

Marketing Efficiency Analysis of Cabbagein Kayu Aro District Kerinci Regency Jambi Province

This research is aimed to; 1) describe the marketing system of cabbage, including marketing channels and marketing functions which is done by eachmarketing agencies;2) analyze the structure, conduct, and performance (SCP), marketing margin, farmer's share, and marketing efficiency analysis of cabbage's marketing in Kayu Aro district. The data collection method used in this research was survey. Primary and secondary data were collected and then analyzed using descriptive qualitative method and quantitative method. The findings of this research indicate that; 1) marketing agencies involved in the cabbage marketing structure are farmers, collectors sellers, large sellers, distributor sellers, and retailer sellers. 2) There are four channels of cabbage marketing, and it consists of three channels inside the region and one channel outside the region. 3) Market functions that had been conducted within each marketing channel are exchange function, physic function, and facility function. 4) The market structure analysis of cabbage leads to an oligopoly market. Marketing price is shaped based on a compromise between demand and supply. Furthermore, this study highlighted that marketing channel IV is the most efficient channel for marketing efficiency analysis. Through this study, the writer would like to advise the producers to follow the cabbage marketing structure that had already been formulated, which is marketing channel IV. The local government could create a policy to make marketing efficiency better, for example, by supplying facilities and infrastructure. As for future researchers, there is pressing urgency for further research about marketing efficiency through a market integration approach.

ANALISIS STRUKTUR, PERILAKU DAN KINERJA PASAR INDUSTRI TUNA DI INDONESIA

Tuna merupakan komoditas ekspor perikanan utama di Indonesia. Berdasarkan data Badan Pusat Statistik (BPS) ekspor tuna Indonesia mengalami tren pertumbuhan nilai ekspor yang melambatdari tahun 2012 hingga 2018. Oleh karena itu perlu dilakukan analisis mengenai struktur perilaku dan kinerja pemasaran industri tuna di Indonesia yang diharapkan dapat mendukung kinerja ekspor tunaIndonesia. Penelitian ini menggunakan data sekunder dari Kementerian Kelautan dan Perikanan dan BPS serta data primer bersumber dari pelaku usaha tuna. Metode penelitian yang digunakan adalah analisis struktur pasar dengan perhitungan konsentrasi pasar dan hambatan masuk pasar, serta perilaku pasar yang dianalisis secara deskriptif selain itu kinerja pasar dianalisis menggunakan perhitungan variabel price cost margin (PCM) dan efisiensi internal (Xeff). Hasil analisis struktur pasar menunjukkan bahwa komoditas tuna memiliki struktur pasar oligopoli, meskipun untuk komoditas tuna olahan dapat dikategorikan oligopoli ketat cenderung monopoli. Analisis perilaku pasar menunjukkan bahwa penentuan harga tuna ekspor dilakukan oleh buyer dan promosi dilakukan melalui ajang pameran perdagangan serta pengiriman sampel kepada calon buyer. Perhitungan indikator kinerja pasar menunjukkan bahwa kinerja pemasaran tuna beku lebih baik dibandingkan tuna olahan. Rekomendasi kebijakan yang disarankan adalah dengan kebijakan mempermudah investasi sehingga meningkatkan jumlah pelaku usaha dan menurunkan tingkat persaingan. Selain itu perlu pengawasan oleh komite persaingan usaha terutama pada komoditas tuna olahan untuk menghindari kecenderungan monopoli bahan baku. Peningkatandaya saing dari tuna Indonesia perlu juga dilakukan agar lebih berperan dalam menentukan harga di pasar ekspor. Kinerja pasar dapat ditingkatkan melalui penghematan biaya input atau peningkatanvolume output untuk meningkatkan nilai efisiensi internal.Title: Structure, Conduct and Performance Analysis of Tuna Industries in Indonesia Tuna is a major fishery export commodity in Indonesia, although based on data from the Central Bureau Statistics Indonesian tuna exports experience a slowing trend in the value of exports from 2012 to 2018. Therefore it is necessary to analyze the structure, conduct and performance from of the tuna industry . This study uses secondary data from the Ministry of Maritime Affairs and Fisheries and Central Bureau of Statistics while primary data sourced from tuna entrepreneurs. The research method used is the analysis of market structure by calculating market concentration and barriers to market entry, as well as market conducts analyzed descriptively. In addition, market performance is analyzed using the calculation of price cost margin (PCM) and internal efficiency (Xeff). The results of the market structure analysis show that tuna has an oligopoly market structure. Analysis of market conduct shows that the determination of the price of export tuna is carried out by the buyer and promotion is carried out through a trade exhibition and sending samples to prospective buyers. The calculation of market performance indicators shows that the marketing performance of frozen tuna is better than processed tuna. The recommended policy are to facilitate investment to reducing the level of competition. In addition itneeds supervision by the business competition committee, especially on processed tuna commodities. Increasing the competitiveness of Indonesian tuna also needs to be done to be more instrumental indetermining prices in the export market. Market performance can be improved through saving input costs or increasing output volume.

CUSTOMERS’ DEPOSIT BEHAVIOUR IN DUAL BANKING INDUSTRY: A MARKET STRUCTURE ANALYSIS

Background and Purpose: The aim of this paper is to evaluate public acceptance toward Islamic banking system in Malaysia by using the market structure analysis as proposed in industrial organizational studies. The structural approach framework was used to evaluate the nature and changes of market concentration in the Malaysian Islamic and conventional deposit markets. Methodology: The well-known market concentration measure, namely concentration ratio (CR) is calculated to study the changes in saving behaviour among depositors in both banking markets. The concentration ratios of deposits for both banking markets are evaluated by using the banking firms’ level data for the period 1997–2016. Pearson and Spearman correlation analysis was also used to investigate the relationship between the total deposits and bank-specific variables. Findings: It is found that interest or profit rate paid to the depositors are the factor that greatly affect the depositors’ choice of banks to save their money. Besides, experience doing businesses is more important to Islamic banks compared to conventional banks in order to attract depositors. Contributions: The findings demonstrate that societies, especially the Islamic community, are still loyal to conventional banks, which have more experience in the banking operation. The findings of this study are expected to open the eyes of the Muslim community to use Islamic banking services, which are certainly sharia-compliance. Keywords: Concentration ratio, deposit, dual banking, market structure, perception. Cite as: Mohammed, N., Jauhari, A., & Mohammed, N. (2020). Customers’ deposit behaviour in dual banking industry: A market structure analysis. Journal of Nusantara Studies, 5(1), 356-377. http://dx.doi.org/10.24200/jonus.vol5iss1pp356-377