FY 2011/2012 Research Topic: 1-01
How Chinese Industries Have Developed: Cross-sectional Analysis of the Development Process.
China has accomplished striking economic development since initiating its open-door policy in 1978 to become the second largest economic power in the world in 2010. The market structures of the several industries of China are extremely scattered compared to India, which has a similar population size, or Japan, which China has just surpassed in terms of total GDP. This fact implies that fixed costs, which are a component of entry costs, to enter these industries are low but not sunk, and that variable costs are also low, which enables companies to stay in the market longer. In this project, we examine the factors that compose fixed cost and variables costs and which determine the past development path and also predict the future development of industries in China.
April 2010 - February 2012
Members of the Research Project
|[ Organizer ]||WATANABE Mariko|
|[ Co-researchers ]||DING Ke|
|MARUKAWA Tomoo (University of Tokyo)|
|HORII Nobuhiro (University of Kyusyu)|
|OHARA Moriki (Ryukoku University)|