Abstract ▼ AI-Helper

Chinese iron and steel industry has been developing rapidly in recent years. It has made great contributions to the acquisition of foreign currency and China's economic growth. The purpose of this paper is to analyze the development of Chinese iron and steel industry's production, input and output. ...

Chinese iron and steel industry has been developing rapidly in recent years. It has made great contributions to the acquisition of foreign currency and China's economic growth. The purpose of this paper is to analyze the development of Chinese iron and steel industry's production, input and output. In addition, we will investigate the induced production effect, economic effects of exports, forward linkage effect and pulling effect by using Input-output table.
As a result of analysis, it can be reached that the induced production effect in iron and steel industry is higher than average of all industries. It means Chinese iron and steel industry is a capital-intensive industry. Also the economic effects of exports in iron and steel industry is strong. The pulling effect is higher than the forward linkage effect in Chinese iron and steel industry.

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