Assessing the competitiveness of the supply side response to China’s iron ore demand shock

Luke Hurst ()

Trade Working Papers from East Asian Bureau of Economic Research

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)
JEL-codes: F13 L11 L16 (search for similar items in EconPapers)
Date: 2015-05
New Economics Papers: this item is included in nep-com
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