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臨沂翻譯公司關鍵字：quarter. This industry is a relatively low level. 1995 industrial census data show that excess capacity in many industries in the third or even half or so, but these industries are not industry-wide loss problem. Moreover, some of the worst there is excess production capacity of the industry, such as household appliances, through competition and out, has become internationally competitive industry advantage. It seems, with excess capacity, and do not capture the unique status of the cotton textile industry. With "excessive competition" more appropriate to describe the status of the cotton textile industry. "Excessive competition" concept first need to define, this use of Japanese scholars to give the following definition: excessive competition "(excessive Competition) refers to such a state: an industry due to too much into the business, has made many companies and even industry-wide profit margins or even negative profit margins in the low state, but the factors of production and business is still not exit from the industry, so that the entire industry's low profit margins or negative margins of the state to continue. [14] can be seen, " too much into the enterprise "," industry-wide long-term low-efficiency "and" competition and not have eliminated the role of low-efficiency "is" excessive competition "of the three main performance in China, have to add another feature, namely that the" excessive competition "state, there are still many new businesses continue to enter the industry. that is, we often talk about" learning the backlog, while a loss, while production side of the building "problem.Why in the cotton textile industry, there are "too much into the enterprise", "industry-wide efficiency is low," "survival of the fittest process is not obvious" and "side of the loss aside into the" other problems? We will describe in the previous section on the basis of the facts, make the following analysis. 3.2 the impact of distorted institutional environment 1 transition product market畢業論文翻譯成英語文章s and factor market畢業論文翻譯成英語文章s are not synchronized, the supply-side factors will inevitably lead to the establishment of a large number of processing enterprises, and these companies often have a cost Cotton textile industry capacity growth will come from cotton-producing regions, this is the place, and business-to-product prices liberalized, cotton prices do not open and competitive position of different types of enterprises that distorted the rational response to institutional environment. With industrial organization theory, the cotton-producing regions of the rapid growth of cotton spindles, is adjusted to deal with pulling the cotton price is lower
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