Title: ECONOMIES OF SCALE DO NOT NEED A SHIELD OF ADMINISTRATIVE BARRIERS TO ENTRY
Abstract: Many Chinese monopolistic industries are in the double shield of structural barriers to entry and administrative barriers to entry(ABE).The reason for setting up ABE is considered to preserve the economies of scale.This study proposes that the ABE setting is unnecessary,for the scale of incumbent firms is a barrier to entry for potential firms.To lower endogenous inefficiency,the deregulation of entry is required,which does not necessarily lead to competitive inefficiency.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
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Cited By Count: 1
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