A Research into the Influence of Market Structure of Intermediate Link on the Decisions of Global Value Chain Governors
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Abstract In the background of globalization, value chain governors are needed for managing the action of value creation in different spaces and different companies. Firstly, the authors introduced the research question——which factors determine value chain governors. Secondly, on the basis of retrospecting the related theories, the authors put forward the hypothesis that the markt structure of the intermediate link is the influencing factors of value chain governors. Then, based on logic analysis and mathematic model, the authors discuss the way of the market structure influencing governors from three aspects: power distribution, profit distribution and transaction cost apportion. At last, the authors drew the conclusion. The bigger the bias between market structures of intermediate link of value chain, the more the market structure tends to be monopolized in a link of the value chain, the greater the power in this link of the value chain, the stronger the power to gain value, the smaller transaction cost apportion, the more likely it is for the link to become the governors of value chain.
. A Research into the Influence of Market Structure of Intermediate Link on the Decisions of Global Value Chain Governors. Economic Survey, 2011, 28(5): 033.
2011, Vol. 28 
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