중국 자동차산업의 정부정책에 따른 시장구조 변화 연구

Government Policy and Market Structure in Chinaʼs Automotive Industry

This paper focuses on analyzing how Chinese government policy has developed the automotive industry and changed its market structure since the establishment of Peopleʼs Republic of China. Based on literature review on major changes of government policy on the automotive industry in China, periodization was done, classified into the four eras: the era of being aided (1949-1960), the era of self-production (1960-1977), the era of joint production with foreign companies (1978-2000) and the era of market competition (2001-present). To figure out how market structure of the automotive industry has been changed by government policy, indexical approach including concentration ratio(CR) and Herfindahl-Hirshman Index (HHI) was put to use. But due to lack of data, only the time series data from 1998 to 2013 was used. It was founded that during the relatively short period, the market structure has been changed so fast, starting from oligopolistic market, passing through competitive market and returning to oligopolistic market. The latter oligopolistic market is different from the former in that Chinese auto companies are leading with the support of Chinese government.