Collusion or Competition? Interfirm Relationships in the Chinese Auto Industry

doi:10.1111/joie.12035

CORC > 上海财经大学 > 上海财经大学

	Collusion or Competition? Interfirm Relationships in the Chinese Auto Industry
	Hu, Wei-Min 1; Xiao, Junji 2; Zhou, Xiaolan 3,4
刊名	JOURNAL OF INDUSTRIAL ECONOMICS
	2014-03
卷号	62 期号:1 页码:1-40
ISSN号	0022-1821
DOI	10.1111/joie.12035
英文摘要	The Chinese passenger-vehicle industry contains a large number of manufacturers. Some of them are members of big corporate groups centered around state owned enterprises. These corporate relationships may facilitate collusion. This paper applies the non-nested hypothesis test methodology to data on passenger vehicles to identify whether price collusion exists within corporate groups or across groups. Our empirical results support the assumption of Bertrand Nash competition in the Chinese passenger-vehicle industry: We find no evidence for within or cross-group price collusion. Our policy experiments show that indigenous brands will gain market shares and profits if within-group companies merge.
WOS研究方向	Business & Economics
语种	英语
出版者	WILEY
WOS记录号	WOS:000332078900001
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/1802]
专题	上海财经大学
通讯作者	Xiao, Junji
作者单位	1.Natl Chengchi Univ, Dept Publ Finance, Taipei 11605, Taiwan; 2.Fudan Univ, Sch Management, Shanghai 200433, Peoples R China; 3.Shanghai Univ Finance & Econ, Sch Econ, Shanghai, Peoples R China; 4.Minist Educ, Key Lab Math Econ SUFE, Shanghai, Peoples R China
推荐引用方式 GB/T 7714	Hu, Wei-Min,Xiao, Junji,Zhou, Xiaolan. Collusion or Competition? Interfirm Relationships in the Chinese Auto Industry[J]. JOURNAL OF INDUSTRIAL ECONOMICS,2014,62(1):1-40.
APA	Hu, Wei-Min,Xiao, Junji,&Zhou, Xiaolan.(2014).Collusion or Competition? Interfirm Relationships in the Chinese Auto Industry.JOURNAL OF INDUSTRIAL ECONOMICS,62(1),1-40.
MLA	Hu, Wei-Min,et al."Collusion or Competition? Interfirm Relationships in the Chinese Auto Industry".JOURNAL OF INDUSTRIAL ECONOMICS 62.1(2014):1-40.