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On the study of the impact of relaxing the pre-qualification requirements on the competitiveness in the supply of water pumps

机译:关于放宽资格预审要求对水泵供应竞争力的影响的研究

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摘要

This paper reports a pioneering and quantitative approach being developed for assisting a large-scale high-rise residential building developer in Hong Kong in monitoring the competitiveness in the supply of fresh and flush water pumps to the building development projects. Integrated empirical pricing models based upon the hedonic price technique have been developed for the supply of both fresh and flush water pumps to the developer and the competitive sector. Our results revealed that the pricing levels charged to the developer were comparable to the competitive sector even though the quality standards of water pumps delivered were much lower. Upon close examination of the market structure, it was found that this was possibly due to the Limit Pricing Strategy being adopted by two leading suppliers in the developer's market as a result of relaxing the pre-qualification to standards below the industry norm. This finding should add to our understanding on the impact on the market competitiveness due to relaxation of pre-qualification requirements. Besides, measures of enhancing competitiveness in the supply market have also been discussed.
机译:本文报道了一种正在开发的先驱和定量方法,以协助香港的大型高层住宅建筑开发商监测建筑开发项目中的淡水和抽水泵供应的竞争力。已经开发了基于享乐价格技术的综合经验定价模型,用于向开发商和竞争性部门提供淡水和冲水泵。我们的结果表明,即使交付的水泵的质量标准低得多,向开发商收取的价格水平也可以与竞争部门相提并论。在仔细研究市场结构后,发现这可能是由于开发商放宽了对行业标准以下标准的资格预审,导致开发商市场上的两家领先供应商采用了极限定价策略。这一发现应加深我们对放宽资格预审要求对市场竞争力的影响的理解。此外,还讨论了提高供应市场竞争力的措施。

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