Impact of product heterogeneity and soft budget constraint on excess capacity in Chinese energy indu

• 作 者: Junlong Chen Rui Liu Yue Niu J
• 机 构: SchoolofBusinessAdministration,SchoolofEconomics
• 出 处: 中国人口资源与环境:英文版
• 发表日期: 2019年2期
• 关键词: Product HETEROGENEITY SOFT BUDGET CONSTRAINT EXCESS capacity
• 基金项目: 'the Fundamental Research Funds for the Central Universities'[Grant number:N172304021,2018JYCXJJ052],'the Natural Science Foundation of Hebei Province of China'(Grant number:G201850104

Chinese energy industries are facing serious problems such as excess capacity,homogeneous product,and soft budget constraint.This paper provides a duopoly model to investigate the influence of heterogeneity and soft budget constraint on production capacit