Assessing the competitiveness of the supply side response to China's iron ore demand shock
Luke Hurst
Resources Policy, 2015, vol. 45, issue C, 247-254
Abstract:
This article examines the scale of China's demand shock and the supply-side reaction in established and fringe iron ore regions. It outlines the short-run constraints on supply expansion and explores the supply-side response to understand whether the long-run iron ore market adjustment has been competitive, or influenced by strategic supply and price interventions by incumbent producers.
Keywords: Iron ore; Market adjustment; Competition; Oligopoly (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:45:y:2015:i:c:p:247-254
DOI: 10.1016/j.resourpol.2015.06.006
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