Market Structure of China’s Steel Industry
Available Online April 2016.
- https://doi.org/10.2991/emim-16.2016.365How to use a DOI?
- Market share; Estimation; Market structure; Steel industry
- China’s steel industry has developed over last 60 years into the world biggest. China accounted for 36.4% of world steel production and 43.3% of world total consumption in 2007. It has driven by rapid modernization of its economy, construction, infrastructure and manufacturing industries. This paper employs yearly firm level data from 2005-2007 to test empirically the market share reflected by component variables in the steel industry. We introduced an empirical econometric model of estimation equations and stochastic structure. This permits us to separately identify how efficiency, location, proprietary, and organizational characteristics of a firm affect its market share.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Juzhen Wu PY - 2016/04 DA - 2016/04 TI - Market Structure of China’s Steel Industry BT - 6th International Conference on Electronic, Mechanical, Information and Management Society PB - Atlantis Press SP - 1801 EP - 1805 SN - 2352-538X UR - https://doi.org/10.2991/emim-16.2016.365 DO - https://doi.org/10.2991/emim-16.2016.365 ID - Wu2016/04 ER -