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• W2357921140 abstract "This article discusses the meanings of duplicate construction from the point of view of economic theory, and considers that it is appropriate to adopt notion of excessive competition instead of that of duplicate construction. Firstly, taking for oligopoly industry with returns to scale increasing an example, it analyzes the cause of excess investment. Secondly, based on the status quo of severity of excess investment, this article analyzes the institutions of industries regulations and monopoly, competition of local governments, corporate governance of State-owned enterprises and exit obstacles of enterprise and so on. Finally, brings forward suggestions and countermeasures of conquering a vicious spiral of duplicate construction and excess capacity." @default.
• W2357921140 created "2016-06-24" @default.
• W2357921140 creator A5069657580 @default.
• W2357921140 date "2002-01-01" @default.
• W2357921140 modified "2023-09-24" @default.
• W2357921140 title "On Mechanism of Duplicate Construction and Measures in China" @default.
• W2357921140 hasPublicationYear "2002" @default.
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