Multinational Corporations and Host Country Market Structure - Modern Industrial Economics Collection. Academic Collection

Author: Zhang Hong / Country: Mainland China
Publisher:
Publish Date: 2006-07-01
Features: With the continuous deepening of economic globalization, the formation of an international production system centered around multinational corporations has integrated all countries into it, and their investment activities will inevitably affect the market structure of the host country. This book selects "Multinational Corporations and Host Country Market Structure" as its topic, based on the research framework of industrial organization theory. It follows a single-cycle path of "(Parent Country) Market Structure → Foreign Direct Investment → (Host Country) Market Structure" to analyze how Western large multinational corporations originating from a parent country's oligopolistic market structure, through their foreign direct investment behavior, cause the host country's market structure to evolve toward an oligopolistic form. Taking China's automotive industry and detergent industry as examples, the book examines the impact of multinational corporations on China's market structure, highlighting the significance and countermeasures of leveraging foreign direct investment to transform China's "low concentration, fragmented competition" market structure.