Spatial Aspects of Capacity Change by U.S. Integrated Steel Producers
研究了1974至1991年间美国45家矿石基钢厂产能变化的空间分布，发现需求和竞争的地理分布影响产能削减与工厂关闭，而原材料价格区域差异并非重要因素。
This paper examines changes in the location of ore‐based steel‐makingcapacity in the U.S. over the period 1974 to 1991 using data on each of the 45 ore‐based mills that were in operation in 1974. We find that the geographic ddistributions of demand and of competition from minimills and imports were important in determining where capacity reductions occurred and which plants were closed. Technology in use at the plant also affected capacity adjustment. However, we find that regional variation in prices of raw materials were notimportant factors in determining where steel‐making capacity was reduced.