# A set of Market Structure, Concentration, and Inequality Measures

Source:`R/concstats.R`

`concstats_concstats.Rd`

A convenience function which calculates a selected set of different market structure, inequality and concentration measures more or less commonly used, e.g. k-firm ratios, Entropy, HHI, Palma ratio, and others in a one step procedure to provide a first overview.

## Arguments

- x
A non-negative numeric vector.

- na.rm
A logical vector that indicates whether

`NA`

values should be excluded or not. Must be either`TRUE`

or`FALSE`

. Defaults to`TRUE`

. If set to`FALSE`

the computation yields`NA`

if vector contains`NA`

values.- digits
A non-null value for digits specifies the minimum number of significant digits to be printed in values. The default is

`NULL`

and will use base R print option. Significant digits defaults to 7.

## Details

`concstats_concstats`

computes a set of different and selected
structural, inequality, and concentration measures in a one step procedure.
The resulting `data frame`

contains eight measures: number of firms with
market share, numbers equivalent, the cumulative share of the top
(top 3 and top 5) firm(s) in percentage, the hhi index, the entropy index,
and the palma ratio. However, all measures can be computed individually or
in groups.

## Note

The vector of market shares should be in a decimal form corresponding to the total share of individual firms/units. The vector should sum up to 1.

## Examples

```
# a vector of market shares
x <- c(0.35, 0.4, 0.05, 0.1, 0.06, 0.04)
# a selected set of different structural, concentration, and inequality
# measures
concstats_concstats(x, digits = 2)
#> Measure Value
#> 1 Firms 6.00
#> 2 Nrs_equivalent 3.33
#> 3 Top (%) 40.00
#> 4 Top3 (%) 85.00
#> 5 Top5 (%) 96.00
#> 6 HHI 0.30
#> 7 Entropy 0.79
#> 8 Palma ratio 2.67
```