o:28632 Foreign direct investment impact on market concentration in the manufacturing sector of Bosnia and Herzegovina en Abstract: There is no consensus regarding the effect of foreign direct investment on market concentration in the literature of foreign direct investment and the theory of industrial organization. The aim of the research is to empirically investigate this impact in the context of the manufacturing sector of Bosnia and Herzegovina. To achieve this aim we estimate the econometric model by applying ordinary least square method. The sample of 21 industries comprising the manufacturing sector of Bosnia and Herzegovina was used for model estimation. Cross-sectional sample data was obtained from the Central Bank of Bosnia and Herzegovina and the financial reports of 4924 companies registered in the aforementioned industries for the year 2016. The results suggest that the impact of foreign direct investment on market concentration can best be described with a convex function. Key words: foreign direct investment, market concentration, competition 1552099 10.22190/FUEO1802135K 1552101 0354-4699 2023-04-06T13:41:44.352Z 44 no 46 Radovan Kastratović Univerzitet u Beogradu Ekonomski fakultet 54116873 0000-0002-6138-906X application/pdf 636832 https://phaidrabg.bg.ac.rs/o:28632 no yes 18 70 92000001 11A03 Facta universitatis. Series: Economics and organization 15 2 135 148 2018