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《Journal of Industrial Economics》 2003-01
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Market Power and Allocative Efficiency Loss in Chinese Tobacco Industry

Hao Dongmei Wang Xiuqing  
This article analyzes the market power and allocative efficiency loss in Chinese tobacco industry.Based on the 1985~1999 aggregate level time series data,the NEIO model and AEL model had been estimated.Empirical results show that the Lerner Index of the Chi- nese tobacco industry is about 0.98.Due to the strong market power,the allocative efficiency loss reached more than 20 % of the social welfare.
【CateGory Index】: F426.8;F224
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1 WU Jian-an(Yunnan Finance and Trade Institute, Kunming, Yunnan,650221);Why Chinese Tobacco Industry Is “Big but Not Strong”?[J];思想战线;2000-02
【Co-citations】
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1 SUN Jiping;WU Zhaohui;LI Xuejun;SUN Huan;DING Yanfang;PING Wenli;LI Yanping;Tobacco Research Institute, Henan Academy of Agricultural Sciences, Tobacco Research Institute of Henan Tobacco Company;;Analysis of Regional Variation and Major Varieties of Flue-cured Tobacco Planted in China in the Twenty-first Century[J];中国烟草科学;2016-03
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3 Hao Dongmei Wang Xiuqing;Market Power and Allocative Efficiency Loss in Chinese Tobacco Industry[J];产业经济评论;2003-01
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