| Since the eighties of the twentieth century, with the global division of labor and intra-product trade in-depth, Production areas scattered around the world, led to the the vertical separation of value chain, the birth of global value chains. Profit distribution and geographical distribution of different segments of global value chain impact on regional economic development, the local economy has been embedded into the global economic network.In this paper, drawing on relevant research, questioned the profit distribution of the value chain—"smile curve" theory, and made its own research assumptions: the market structure is an important factor that affect the distribution of profits in different segments of the value chain.In this hypothetical context, this article separately from the supply-demand and game theory to build mathematical model, theoretical analyze the market structure of different segments of the value chain impact profit distribution.The market structure significantly affect the profit distribution of the different segments of value chain, the market structure of a part in the value chain moves towards a monopoly, the part is more lucrative; the market structure of a part in the value chain moves towards perfect competition, the part is less lucrative. Therefore, the "smiling curve" is not a universal rule.Secondly, based on the theoretical analysis, in this paper, select crystalline silicon solar cell industry as an example, empirical analysis the research hypothesis of this article—market structure is an important factor that affect the distribution of profits in different segments of the value chain。In this paper, we analysis profits distribution in different segments of global crystalline silicon solar cell industry, and analysis profits distribution in different segments of Chinese crystalline silicon solar cell industry. Findings further demonstrat the hypothesis of this article. Finally, this article also through in-depth analysis of development status and characteristics of Chinese crystalline silicon solar cell industry which embedded in global value chains,put forward recommendations on the promotion development of China's crystalline silicon solar cell industry. |