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Full Description
China today produces nearly half of the world's steel and is the world's largest importer of iron ore. This unique and informative book provides a central reference work on the Chinese steel industry and discusses China s increasing demand on metals from both macroeconomic and regional perspectives.It includes macroeconomic studies of developments in Chinese resource demand with particular reference to the ferrous metals and microeconomic studies that utilize comprehensive firm-level data to evince new knowledge of both firm and industry performance with respect to their productivity, the technical efficiency, and industrial linkages. The book also discusses trade in steel products and the impact of the restructuring of the industry on the environment.
This detailed and analytical study will appeal to academics, students and researchers in Chinese studies, government agencies and private sectors - such as the mining industry, as well as financial agencies analyzing the Chinese demand on global resources.
Contributors include: G. Dai, J. Golley, H. Liu, H. McKay, Y. Sheng, L. Song, Y. Zheng
Contents
Contents:
Foreword
Preface
1. Steel Industry Development and Transformation in China: An Overview
Ligang Song and Haimin Liu
2. Metal Intensity in Comparative Historical Perspective: China, North Asia and the United States
Huw McKay
3. Economic Growth, Regional Disparities and Core Steel Demand in China
Jane Golley, Yu Sheng and Yuchun Zheng
4. China's Iron and Steel Industry Performance: Total Factor Productivity and its Determinants
Yu Sheng and Ligang Song
5. The Technical Efficiency of China's Large and Medium Iron and Steel Enterprises: A Firm-Level Analysis
Yu Sheng and Ligang Song
6. The Backward and Forward Linkages of the Iron and Steel Industry in China and Implications
Yu Sheng and Ligang Song
7. China's Shift from Being a Net Importer to a Net Exporter of Steel and its Implications
Haimin Liu and Ligang Song
8. China's Iron Ore Import Demand and its Determinants: A Time-series Analysis
Yu Sheng and Ligang Song
9. Restructuring China's Steel Industry and the Implications for Energy Use and the Environment
Guoqing Dai and Ligang Song
Index