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Beijing Institute of Architectural Market Structure and Regulation

Author: YeYang
Tutor: ShengDingYu
School: Capital University of Economics
Course: Industrial Economics
Keywords: Beijing construction market Market Structure Corporate behavior Regulation
CLC: F426.92
Type: Master's thesis
Year: 2010
Downloads: 108
Quote: 0
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Abstract


Beijing construction market, the use of industrial economics and economic theory of regulation of the construction market in Beijing market structure, corporate behavior and regulation. These three aspects are three important fulcrum of the construction market, on behalf of the general situation of the construction market, the main players in the market and government regulation. Market structure, including the degree of market concentration, product differentiation, and entry and exit barriers. In this paper, by collecting and summarizing the data released by the physical construction market in Beijing, reached the conclusion of the Beijing Institute of Architectural low market concentration. Product differentiation, the construction enterprises in Beijing is still relatively backward did not form distinct differences in characteristics. This is mainly because of the construction product differentiation is difficult to define, and the lack of relevant theory. This paper conducted in-depth research as \The bidding evaluation will be summarized, summed the construction enterprise service capabilities differentiation is mainly reflected in the company's technical strength, economic strength, social credit and project management capabilities. Construction enterprises in order to dominate the competition is necessary to make efforts in these four aspects. In addition, the construction market in Beijing low barriers to entry and exit barriers, is not conducive to the realization of corporate profits is not conducive to the development of the industry, the paper analyzes the reasons for this phenomenon. This is mainly because of the construction market in Beijing did not form a virtuous circle of technical barriers and capital barriers, natural barriers, and economic development of the rigidity of the construction industry increased demand, a combination of both caused by low barriers to entry; professionalism of its capital construction equipment high exit barriers, coupled with the construction industry to solve the employment problem of the prominent role of the government will discourage exit, eventually leading to the phenomenon of high exit barriers. Overall, the market structure of the construction market in Beijing is not ideal to be reform. Corporate behavior refers to the actions and decisions taken by the companies in order to obtain a dominant position or maximize profits. It is subject to the impact of market structure reacts on the market structure. The market behavior of enterprises in accordance with the division of the price behavior and non-price behavior are discussed. Government regulation is the direct intervention of the Government of the construction market is to reduce the \This article discusses the construction market, \Then the paper analyzes the current regulation of the construction market in Beijing on Regulatory Reform prospects. Finally, the development of the construction market in Beijing suggestions: First, the establishment of the differentiation strategy, and enhance their advantage. The second is to improve the industry barriers to entry lower exit barriers, increase market concentration. The third is to improve enterprise credit system construction. The fourth is to strengthen the construction of the physical construction market in Beijing.

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CLC: > Economic > Industrial economy > China Industrial Economy > Industrial sector economy
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