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Thinking about the Industry Externalities

Shi Sheng-ping

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Abstract

Because the differences of industry's advantage status, trade producing managing characteristics, trade engineering level and externality conditions,industry becomes the trade with outstanding externality, which shown as mainly reward externality and cost externality, such as overspending resource, using raw processed materials in low price, industry pollution, unfair business, and so on. Finally, the basic thought of agricultural externality precaution is put forward.

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What this paper is about

Because the differences of industry's advantage status, trade producing managing characteristics, trade engineering level and externality conditions,industry becomes the trade with outstanding externality, which shown as mainly reward externality and cost externality, such as overspending resource, using raw processed materials in low price, industry pollution, unfair business, and so on. Finally, the basic thought of agricultural externality precaution is put forward.

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Available abstract

Because the differences of industry's advantage status, trade producing managing characteristics, trade engineering level and externality conditions,industry becomes the trade with outstanding externality, which shown as mainly reward externality and cost externality, such as overspending resource, using raw processed materials in low price, industry pollution, unfair business, and so on. Finally, the basic thought of agricultural externality precaution is put forward.

Key concepts: Externality, Economics, Industrial organization, Microeconomics

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