Semester

Spring

Date of Graduation

2000

Document Type

Thesis

Degree Type

MA

College

Chambers College of Business and Economics

Department

Economics

Committee Chair

K. Victor Chow.

Committee Co-Chair

William Trumbull

Committee Member

Ming-jeng Hwang

Abstract

The analysis of the determination of steel prices is of great importance particularly for the formulation of economic policy in less developed countries. Five fundamental factors influencing price of steel products are examined. A hedonic function which reflects the relation between prices of varieties or models of heterogeneous goods and the quantities of characteristics has been used and empirical tests applied to this function has been done using 1978--1998 Chinese annul data. Results are with the trend toward globalization China will become more market oriented and the factors analyzed in the paper would pay key role in determining Chinese steel products prices.

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