Industrial overcapacity and duplicate construction in China: reasons and solutions
"Since 2012, industrial overcapacity has become an increasingly serious problem in China, against the backdrop of domestic economic slowdown and continued downturn in international markets. Overcapacity is widespread in the traditional manufacturing sector, particularly in iron and steel, cemen...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Singapore
World Scientific Publishing Company Pte Limited
2019
|
| Schlagworte: | |
| Online-Zugang: | UBY01 Volltext |
| Zusammenfassung: | "Since 2012, industrial overcapacity has become an increasingly serious problem in China, against the backdrop of domestic economic slowdown and continued downturn in international markets. Overcapacity is widespread in the traditional manufacturing sector, particularly in iron and steel, cement, electrolytic aluminium, flat glass, and ship-building industries. It is also grave in emerging industries such as polysilicon, solar cells, and wind power equipment. This book provides an overview on the overcapacity problem facing China and examines the main characteristics of overcapacity in some important industries. The book identifies two types of overcapacity: one is excess capacity that results from natural supply-demand dynamics or cyclical economic fluctuations under a relatively sound market system; the other is overcapacity caused by the overinvestment of enterprises under a flawed economic system. It probes into how overcapacity is caused and finds two contributors - change of growth model and institutional flaws. It explores to establish a long-term mechanism for solving the problem. The book concludes that China should establish a long-term mechanism to prevent and resolve overcapacity, and to establish healthy relationship between the market and the government."-- |
| Beschreibung: | Mode of access: World Wide Web. - System requirements: Adobe Acrobat Reader |
| Beschreibung: | 1 online resource (292 pages) illustrations |
| ISBN: | 9789813277281 |
Internformat
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| 245 | 1 | 0 | |a Industrial overcapacity and duplicate construction in China |b reasons and solutions |c Ping Li, Feitao Jiang and Jianhai Cao |
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| 505 | 8 | |a Includes bibliographical references | |
| 505 | 8 | |a Previous studies on overcapacity -- Understanding how overcapacity occurs in a transition economy -- An empirical study of the impact of subsidies on corporate investment -- Government subsidy, overcapacity and China's economic fluctuations ---empirical tests based on a rbc model involving capacity utilization -- Investment subsidy, overcapacity and growing inefficiency -- Overcapacity in the iron and steel industry --Overcapacity in the solar PV industry -- Improving policy responses: fresh ideas and new approaches | |
| 520 | |a "Since 2012, industrial overcapacity has become an increasingly serious problem in China, against the backdrop of domestic economic slowdown and continued downturn in international markets. Overcapacity is widespread in the traditional manufacturing sector, particularly in iron and steel, cement, electrolytic aluminium, flat glass, and ship-building industries. It is also grave in emerging industries such as polysilicon, solar cells, and wind power equipment. This book provides an overview on the overcapacity problem facing China and examines the main characteristics of overcapacity in some important industries. The book identifies two types of overcapacity: one is excess capacity that results from natural supply-demand dynamics or cyclical economic fluctuations under a relatively sound market system; the other is overcapacity caused by the overinvestment of enterprises under a flawed economic system. It probes into how overcapacity is caused and finds two contributors - change of growth model and institutional flaws. It explores to establish a long-term mechanism for solving the problem. The book concludes that China should establish a long-term mechanism to prevent and resolve overcapacity, and to establish healthy relationship between the market and the government."-- | ||
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Datensatz im Suchindex
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| author | Li, Ping |
| author_facet | Li, Ping |
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| building | Verbundindex |
| bvnumber | BV046808737 |
| collection | ZDB-124-WOP |
| contents | Includes bibliographical references Previous studies on overcapacity -- Understanding how overcapacity occurs in a transition economy -- An empirical study of the impact of subsidies on corporate investment -- Government subsidy, overcapacity and China's economic fluctuations ---empirical tests based on a rbc model involving capacity utilization -- Investment subsidy, overcapacity and growing inefficiency -- Overcapacity in the iron and steel industry --Overcapacity in the solar PV industry -- Improving policy responses: fresh ideas and new approaches |
| ctrlnum | (ZDB-124-WOP)00011184 (OCoLC)1180290917 (DE-599)BVBBV046808737 |
| format | Electronic eBook |
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| geographic_facet | China / Economic conditions / 2000- China |
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| index_date | 2024-07-03T14:58:20Z |
| indexdate | 2024-07-10T08:54:25Z |
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| isbn | 9789813277281 |
| language | English |
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| spelling | Li, Ping Verfasser aut Industrial overcapacity and duplicate construction in China reasons and solutions Ping Li, Feitao Jiang and Jianhai Cao Singapore World Scientific Publishing Company Pte Limited 2019 1 online resource (292 pages) illustrations txt rdacontent c rdamedia cr rdacarrier Mode of access: World Wide Web. - System requirements: Adobe Acrobat Reader Includes bibliographical references Previous studies on overcapacity -- Understanding how overcapacity occurs in a transition economy -- An empirical study of the impact of subsidies on corporate investment -- Government subsidy, overcapacity and China's economic fluctuations ---empirical tests based on a rbc model involving capacity utilization -- Investment subsidy, overcapacity and growing inefficiency -- Overcapacity in the iron and steel industry --Overcapacity in the solar PV industry -- Improving policy responses: fresh ideas and new approaches "Since 2012, industrial overcapacity has become an increasingly serious problem in China, against the backdrop of domestic economic slowdown and continued downturn in international markets. Overcapacity is widespread in the traditional manufacturing sector, particularly in iron and steel, cement, electrolytic aluminium, flat glass, and ship-building industries. It is also grave in emerging industries such as polysilicon, solar cells, and wind power equipment. This book provides an overview on the overcapacity problem facing China and examines the main characteristics of overcapacity in some important industries. The book identifies two types of overcapacity: one is excess capacity that results from natural supply-demand dynamics or cyclical economic fluctuations under a relatively sound market system; the other is overcapacity caused by the overinvestment of enterprises under a flawed economic system. It probes into how overcapacity is caused and finds two contributors - change of growth model and institutional flaws. It explores to establish a long-term mechanism for solving the problem. The book concludes that China should establish a long-term mechanism to prevent and resolve overcapacity, and to establish healthy relationship between the market and the government."-- Industrial capacity / China Industries / China / 21st century Industrial policy / China Industrie (DE-588)4026779-9 gnd rswk-swf Überkapazität (DE-588)4197951-5 gnd rswk-swf China / Economic conditions / 2000- China (DE-588)4009937-4 gnd rswk-swf Electronic books China (DE-588)4009937-4 g Industrie (DE-588)4026779-9 s Überkapazität (DE-588)4197951-5 s DE-604 Jiang, Feitao Sonstige oth Cao, Jianhai Sonstige oth Erscheint auch als Druck-Ausgabe 9789813277274 https://www.worldscientific.com/worldscibooks/10.1142/11184 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Li, Ping Industrial overcapacity and duplicate construction in China reasons and solutions Includes bibliographical references Previous studies on overcapacity -- Understanding how overcapacity occurs in a transition economy -- An empirical study of the impact of subsidies on corporate investment -- Government subsidy, overcapacity and China's economic fluctuations ---empirical tests based on a rbc model involving capacity utilization -- Investment subsidy, overcapacity and growing inefficiency -- Overcapacity in the iron and steel industry --Overcapacity in the solar PV industry -- Improving policy responses: fresh ideas and new approaches Industrial capacity / China Industries / China / 21st century Industrial policy / China Industrie (DE-588)4026779-9 gnd Überkapazität (DE-588)4197951-5 gnd |
| subject_GND | (DE-588)4026779-9 (DE-588)4197951-5 (DE-588)4009937-4 |
| title | Industrial overcapacity and duplicate construction in China reasons and solutions |
| title_auth | Industrial overcapacity and duplicate construction in China reasons and solutions |
| title_exact_search | Industrial overcapacity and duplicate construction in China reasons and solutions |
| title_exact_search_txtP | Industrial overcapacity and duplicate construction in China reasons and solutions |
| title_full | Industrial overcapacity and duplicate construction in China reasons and solutions Ping Li, Feitao Jiang and Jianhai Cao |
| title_fullStr | Industrial overcapacity and duplicate construction in China reasons and solutions Ping Li, Feitao Jiang and Jianhai Cao |
| title_full_unstemmed | Industrial overcapacity and duplicate construction in China reasons and solutions Ping Li, Feitao Jiang and Jianhai Cao |
| title_short | Industrial overcapacity and duplicate construction in China |
| title_sort | industrial overcapacity and duplicate construction in china reasons and solutions |
| title_sub | reasons and solutions |
| topic | Industrial capacity / China Industries / China / 21st century Industrial policy / China Industrie (DE-588)4026779-9 gnd Überkapazität (DE-588)4197951-5 gnd |
| topic_facet | Industrial capacity / China Industries / China / 21st century Industrial policy / China Industrie Überkapazität China / Economic conditions / 2000- China |
| url | https://www.worldscientific.com/worldscibooks/10.1142/11184 |
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