The Interaction of Industrial Policy and the Market:Study of Chinese Automobile Industry

• Main Authors: Ting-Hui Chao, 趙庭輝
• Other Authors: Chen-Dong Tso
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/9se29e

碩士 === 國立臺灣大學 === 政治學研究所 === 106 === This thesis aims to explore the relationship between market structure, government’s regulation structure and performance of the automobile industry in mainland China by applying the regulatory state theory. The thesis intends to explore the characteristics of the market structure, firm conduct and governmental regulation structure and history in China’s automobile industry, to find the political and regulation obstacles and what are the problems for the central government to implement the regulation, to find what the impact is for the local auto manufactures and the MNCs. The theory of regulatory state provide us the structure to inspect government’s regulatory objectives, stratege, and impact for the market and firms. This thesis come to the conclution that the central regulatory design can’t make a good performance because there is the contradiction between the industrial policy design department and the state-owned firm regulatory department. Also from the firm’s perspective, large-scale enterprises in China embrace short-term goals to maximize firm scale and market shares so as to maximize revenues by exploiting the advantages of economy of scale, however, on the other hand, they ignore fundamental, long-term goals to be sustainable, successful and competitive corporations that invest R&D to increase business efficiency, reduce costs, and boost marginal revenue and added-value rate. The central governmental regulation can’t give the firm more incentive to pursue the investment on R&D.