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Published: 02 May 2013

272 Pages


ISBN: 9780199773749

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Subsidies to Chinese Industry

State Capitalism, Business Strategy, and Trade Policy

Usha C.V. Haley and George T. Haley

  • We use our understandings of state capitalism and imperfect markets to provide a theoretically complex and relevant explanation for industrial subsidies that in key Chinese manufacturing industries appear in dollar terms to exceed over thirty percent of industrial output.
  • We develop independent measures of industrial subsidies using publicly-reported data at company and industrial levels and from diverse sources
  • Other theorists have explored businesses and strategic groups' responses to trade policy including subsidies. We extend their analysis by examining generic market (competitive) and non-market (political) strategies that businesses may undertake.
  • Over the last five years, research in this book on several industries including steel, glass, paper , auto parts and solar has supported regulation and business strategy both in the United States and the European Union

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