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The Research Of China's Oil & Gas Industrial Organization In The Process Of Marketization

Posted on:2006-12-31Degree:MasterType:Thesis
Country:ChinaCandidate:J WuFull Text:PDF
GTID:2189360182976711Subject:Population, resource and environmental economics
Abstract/Summary:PDF Full Text Request
Due to strategic position and scarcity of oil and gas resources, for long term our government regulated oil and gas industry tightly. It is one of industries that be impacted the most by the planned economy. Although since reform and opening, there has some extent of marketization reform for oil and gas industry, especially government has promoted to restructure in 1998, and unified the upper reaches and the lower reaches, due to the government management system and the stage of the industry development, the result of reform is not so good. So, how to intensify the marketization of oil and gas industry, and how to make the market play a more important role in distributing resources, are the big tasks that we have to fulfill. The thesis analyzes the problem that we faced in the process of marketization from the view of industrial organization and try to do some help to the marketization reform of oil and gas industry.The thesis analyzes the industrial organization of China's oil and gas industry based on the SCP model in the theory of industrial organization. Following is the main contents and results:Market structure of China's oil and gas industry has some distinct characters. On the industry level, CNPC, CNOOC and SINOPEC has the dominant position, it is the oligopoly market structure. On the enterprises level, the extent of concentration is high in the upper reaches, according to'Bain's classify to market structure, it is oligopoly (III) market structure, while in the lower reaches, the level of competition is high, it is monopoly and competition market structure. Meanwhile, enter and exit barriers is high and the differentiation of products is limited.From the analysis to enterprises' market conduct, we know that in terms of both price determining and organization adjusting, there exist excessive government regulation and limited power of enterprises to make decisions. So, from the view of resources distribution efficiency, scale efficiency and technology progress, the market performance is low. China's oil and gas industrial organization need to be optimized.The reasons for cause the status of oil and gas industrial organization mainly lies in the enterprises which restructured by government is not qualified market entity, they are lacking in endogenous innovation system, furthermore, in the lower reaches, there exists multi government investment entity, which make some enterprises who has no scale benefit entered market, effected the market performance of oil and gas industry.As a goal pattern of optimizing industrial organization, effective competition is the description of ideal status of relationship between monopoly and competition among enterprises. According to the characters of oil and gas industry and the developing situation of international...
Keywords/Search Tags:oil and gas industry, market structure, market conduct, market performance
PDF Full Text Request
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