Assessing the competitiveness of the supply side response to China's iron ore demand shock

被引:23
|
作者
Hurst, Luke [1 ]
机构
[1] Australian Natl Univ, Acton, ACT 0200, Australia
关键词
Iron ore; Market adjustment; Competition; Oligopoly; BOOM;
D O I
10.1016/j.resourpol.2015.06.006
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This article examines the scale of China's demand shock and the supply-side reaction in established and fringe iron ore regions. It outlines the short-run constraints on supply expansion and explores the supply-side response to understand whether the long-run iron ore market adjustment has been competitive, or influenced by strategic supply and price interventions by incumbent producers. (C) 2015 Elsevier Ltd. All rights reserved.
引用
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页码:247 / 254
页数:8
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