This paper attempts to identify competition neutrality of state owned enterprises (SOEs) in three consumer electronics industries in China. First, I draw a benefit-price indifference curve, at the mode of consumer surplus for each year, and a benefit-price supply curve by the manufacturers and...

This paper estimate the values map of three electronics industries of China in the 2000s. Utilizing demand estimates of the three industries, I draw and a cost-benefit indifferent curve that can depict "cost-advantage strategies" and "benefit-advantage strategies". Results indicate that FIEs...

Literatures of corporate governance claim that expropriation by controlling owner towards the listed firm emerges when separation of cash flow and control rights exist, and that the separation emerges when dual class shares or pyramiding corporate structures exist. In China, dual class share and...

This study investigates whether subsidies to state-owned enterprises (SOEs) in China's steel industry are distorting competitive neutrality. The Subsidy and Countervailing Measures Agreement of the World Trade Organization defines “specific” and “harmful” subsidies as being subject to...