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China 1 Economy of tourism 1 Logistics 1 Services assembling 1 Tourist economy 1 Tourist multiplier 1 Tourist product 1 Tourist system 1 Wenzhou. Abstract: In the industry center of lighters in Wenzhou 1 a large extent of market and agglomeration lead to low transaction costs. This makes it beneficial for the specialized firms to coordinate the production through the market. In the presence of the agglomeration effect in lowering the transaction costs 1 a perfectly competitive industry may have multiple equilibria. The ability of the industry of lighters in Wenzhou to expand to the high-level equilibrium by capturing the world market helps to explain the huge decreases in prices 1 agglomeration effect 1 and agglomerated firms. Some firms specialize in assembling lighters 1 and four related factors are revealed to be involved. First 1 assembling 1 compared with standard factories 1 each of them focus on a specific component part of the product. Last 1 household workshops have the cost advantage in producing the parts of lighters. Next 1 lighters 1 lighters are produced by a large number of small 1 lighters are produced by firms owned mostly by those transferring from peasants and other occupations. Due to the difficulty in financing 1 simulation 1 specialization 1 stocking 1 supplying 1 vertical disintegration 1 vertically specialized 1 while the others specialize in producing parts. A perfect-competition model is developed to analyze this phenomenon 1
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Online availability
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Free 3
Type of publication
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Book / Working Paper 2 Article 1
Language
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Undetermined 2 French 1
Author
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Cheung, Waka 1 Cselényi, József 1 MESPLIER-PINET, Josette 1 Ng, Yew-Kwang 1 Telek, Péter 1
Institution
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Department of Econometrics and Business Statistics, Monash Business School 1 Groupement de Recherches Économiques et Sociales (GRES) 1
Published in...
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Advanced Logistic systems 1 Cahiers du GRES (2002-2009) 1 Monash Economics Working Papers 1
Source
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RePEc 3
Showing 1 - 3 of 3
Did you mean: subject:"assemblies" (12 results)
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The Flocking Strategy and Vertical Disintegration
Cheung, Waka; Ng, Yew-Kwang - Department of Econometrics and Business Statistics, … - 2007
Persistent link: https://www.econbiz.de/10005064096
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MODEL STRUCTURE AND OPERATION OF A SIMULATION PROCESS SUPPORTING ELEMENT SUPPLYING OF ASSEMBLING CELLS OF MECHATRONIC PRODUCTS
Telek, Péter; Cselényi, József - In: Advanced Logistic systems 1 (2007) 1, pp. 135-144
In this paper we give a short overview about the simulation process of assembling cells. At first we draw the … theoretical elements of the simulation process of assembling cells, covering important tasks, control strategies, target functions …
Persistent link: https://www.econbiz.de/10010697183
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Roots and features of researches about tourist economy (In French)
MESPLIER-PINET, Josette - Groupement de Recherches Économiques et Sociales (GRES) - 2005
Of an economic approach of the tourism, made by applications of the instruments of the economist for this new field of investigation, we are gradually spent in a research on a tourist economy based on the specificities of this last one : Its temporal dimension (saisonnality of the activities,...
Persistent link: https://www.econbiz.de/10005395084
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