Beijing Construction Market, Market Structure And Regulation Of Research

This paper theoretical analysis the Beijing construction market from three perspectives of market structure, corporate behavior and government regulatio by industrial economics and regulatory economics.Market structure includes market concentration, product differentiation and entry and exit barriers.The paper analyzes data released by Beijing construction market,conculuded that Beijing construction market concentration is low. On the other hand, the construction enterprises of Beijing hardly differentiate their products.their products are not distinctive features,so enterprises can not take advantage in the competition. The root causes of this phenomenon is that building product differentiation is difficult to define, lack of relevant theory. Author believes that "there are differences in choice",so the paper reverse analysis through the choice of bidding concludes that the real of building products differentiation is the differentiation of ability of construction enterprises. It is embodied in four areas: corporate technological strength, economic strength, social credit and project management capabilities. Construction enterprises in order to gain advantage in the competition should make efforts in these four areas. In addition, Beijing's construction market has low entry barriers and high exit barriers.It is not conducive to Company profit and Construction Industry Development.Overall,the market structre of Beijing Construction less than ideal, it need to reform.Corporate behavior is behavior and decision-making of an enterprise for obtaining the dominant position, or maximizing profits. It is affected by the market structure and counter-productives the market structure. Paper discusses in detail the market behaviorGovernment regulation is the Government's direct intervention in the construction market.It in order to reduce loss of social welfare caused by "market failure". There are two causes of market failure,the one is asymmetric information market players,the other is the construction industry externalities.Final essay mades recommendations on the development of Beijing's construction market,made recommendations.first, the improvement of higher barriers of entry barriers and increase market concentration. Second, improve the construction of enterprise credit system. The third is to strengthen the construction of Beijing's physical construction market...