First experiences with the lead market analysis

4 First experiences with the lead market analysis 

Chrysler. The majority of variables could not be quantified directly they were latent variables. Other variables had to be found that correlate with the latent variables. These were proxies for the lead market advantages of countries. For instance, the degree of conpetition in an industry in a country is indicated by the concentration of lorry sales in the country s markets. A special concentration index called Herfindahl was used to quantify the concentration degree. Altogetiher a set of 32 and 29 indicators respectively were used in the analysis. 

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