excess capacity

As a consequence, it had to run large trade surpluses to absorb the resulting excess capacity in manufacturing.

To assess that risk you need to ask two questions. How much excess capacity was there already?

The excess capacity is created in the run-up to the crisis, when underpricing of risk expedites a substantial build-up in the capital stock.

Doomsayers warn that it is only a matter of time before excess capacity leads to a wave of bankruptcies and sour loans.

He said the company faced soft demand, excess capacity and high costs.

Minus those small insignificant makers, China in fact has no excess capacity problem at all at least over the medium term.

Since consumption tends to grow more slowly than GDP, excess capacity can only be used up via yet more investment or exports.

That excess capacity and a large grain harvest will help temper the risk of inflation, he said.

But the sad reality of creating a viable industry is all about firing workers and shutting down excess capacity.

And with the right V2G electronics, once you park and plug in, you could sell your excess capacity to your local power company!

Firms may also choose to maintain excess capacity as a part of a deliberate strategy to deter or prevent entry of new firms.

Firms had too much debt and excess capacity, particularly in the electronics sector, which was at the heart of the American recession.

But many in the markets worry that rapid US growth will not be sustained long enough to eliminate the large excess capacity.

But this form of financial repression brings its own dangers: asset bubbles, excess capacity and overinvestment.

We are going to see a lot of excess capacity in export- oriented industries like steel at exactly the wrong time.

He said demand is so high relative to supply that there is just not a lot of excess capacity.

European governments may similarly be prepared to allow cuts in excess capacity and jobs that they could not contemplate outside a crisis.

The only force to keep inflation down is so-called excess capacity in a weak global economy.

So do state-owned enterprises, which have excess capacity and need to be able to sell goods cheaply abroad.

It was this money and credit expansion that created the excess capacity that ultimately led to the lost decades for the US and Japan.

However, as the overhang of excess capacity and debt has disappeared, capital spending is now starting to perk up across Asia.

As the excess capacity in a very long period of time will be normal, so coking industry is still very long winter.

But given the worsening jobs market and excess capacity worldwide, inflation is unlikely to be an immediate threat.

Each compressor in a circuit has an oil pump with excess capacity relative to lubrication requirements of the respective compressor.

The airline industry often goes through periods of excess capacity, with giant companies going out of business or merging.

There is widespread concern that this investment boom is adding to China's excess capacity.

Strategy behavior is one of the most important competitive strategies, and excess capacity management is a typical strategy behavior.

Refineries lack the excess capacity to absorb the kind of oil Opec produces.

Lending rates, meanwhile, are subject to a floor, which leads to inefficient investment and excess capacity.

Meanwhile, foreign demand for Chinese goods is in free fall and domestic demand is sluggish, leaving high excess capacity.

Growth is likely to pick up, but only gradually, leaving considerable excess capacity in labour and product markets for some time to come.

Excess capacity in the manufacturing sector, meantime, suggests deflation could be about more than just cheaper food bills.

The price level would jump in the new currency, but, given the excess capacity, hyperinflation could be avoided with some external support.

Second, a symptom of inefficiency is excess capacity: in the case of steel, China's unused capacity exceeded Japanese output in 2005.

The pessimistic side suggests China has poured money into the public sector, and will merely form excess capacity.

China too has a surplus of car manufacturers, excess capacity and a problem with demand.

In shipbuilding, for instance, he wants a merger of BAE's shipyards with those of VT, another defence firm, to eliminate excess capacity.

And the business tax break will, I believe, do hardly anything to spur investment given the excess capacity businesses already have.

That lending is leading to unsustainable asset-price inflation, while wasteful investment is producing oodles of excess capacity.

Deflation caused by excess capacity is destructive and hard to stop, as the Japanese have discovered.

This isn't really surprising: you expect inflation to fall in the face of mass unemployment and excess capacity.

Lang economists have repeatedly raised in the speech include the furniture industry, our economy has serious problems of excess capacity.

That performance is not just the result of excess-capacity industries, such as steel, dumping output abroad at cutthroat prices.

When a country produces more than it consumes, it must run a trade surplus to export its excess capacity.

To the extent that the industry is laden with excess capacity, these subsidies impede exit and delay adjustment.

A history of regulation and government involvement has left it burdened by trade protection, inefficiency and excess capacity.

Of course, like virtually all other regions, Houston and Dallas suffer excess capacity in both office buildings and urban lofts.

But the Japan of today is a high-cost economy suffering from excess capacity, in which companies have less incentive to invest heavily.

But even in the shorter term, evidence of rising prices should help allay concerns about a generalised excess capacity.

Other businesses remain reluctant to expand given weakness in the global economy and excess capacity in domestic industries.

The orders would support employment in the country's shipbuilding industry but flood struggling shipping markets with excess capacity.

In recent years, excess capacity problem filled with the whole China, excess capacity topic everywhere.

Li noted that prices are still declining and that many industries are faced with excess capacity.

Assure key database performance and capacity metrics remain healthy with adequate excess capacity.

The true opportunity cost of using the excess capacity is the change in the value of the firm's options.

The dominant firm makes the threats to the new entrants credible by investing excess capacity, and thereby can deter entry.

Businesses see no reason to invest, since they're awash in excess capacity, thanks to the housing bust and weak consumer demand.

Then, as excess capacity mounted, direct foreign investment would disappear and deflation would reign.

Excess capacity is a characteristic of natural monopoly or monopolistic competition.

In growing markets, companies can afford to risk over-investing, because excess capacity is eventually mopped up.

If credit growth became too great, China would face more inflation in the short term and possible excess capacity in the longer term.

That could mean excess capacity and a double-dip slowdown.

If parents are to have genuine choice there must be excess capacity, and this is expensive.

Companies were deemed "too big to fail" , and excess capacity (particularly in the financial sector) was kept alive.

Another round of huge increases in excess capacity and current account surpluses seems inevitable.

Such will definitely bring the excess capacity, adverse selection of industries and affect the sustainable development of economy.

The decision comes as some government officials have shown concern about excess capacity in the auto industry.

Shipping companies are getting a taste of what excess capacity feels like.

But if demand isn't there, that creates excess capacity and lower profit margins for Chinese corporations.

The second factor is the excess capacity that resulted from the rapid advancement of information technology globally.

Even in industries which clearly do have excess capacity , China's critics overstate their case .

But the more immediate problem remains deflation, given high unemployment and excess capacity.

Yet this is also at a time when the admittedly uncertain estimates of "output gaps" (or excess capacity) are at extreme levels.

Chipmakers have mothballed excess capacity.

Chronic overinvestment has, it is argued, resulted in vast excess capacity and falling returns on capital.

Use a graph to demonstrate why a profit-maximizing monopolistically competitive firm must operate at excess capacity.

Li & Fung and Dachangjiang seldom have problems with excess capacity when times are hard or with waiting lists when times are flush.

"The bailouts will fail because Detroit's production costs are too high and the world auto market has excess capacity, " he says.

When the bust comes the economy is stuck with the burden of excess capacity, which then takes years to clear up.

Excess capacity there imparts a deflationary bias on the global economy.

The problems of excess capacity and redundant construction in some industries are still outstanding and even deteriorating in certain areas.

Hence, the oil refining business has long suffered low returns on capital, particularly when there is excess capacity.

The risk of bubbles and excess capacity will grow unless policy is tightened soon.

argues that China suffers from excess capacity in some parts of infrastructure, but not all.

The scale of the excess capacity is breathtaking.

Excess capacity has been estimated at 50% or more for automobiles, ferrous alloys, and semiconductors, and 30% for steel.

'Yet excess capacity within Japan and more significantly China and South Korea will provide an offset.

The immediate danger, given excess capacity, in the US and the world, is deflation, not inflation.

There promotion is also used to sell excess capacity, such as two-for-one offers, which creates market awareness.

It only uses the excess capacity of the mainframe.

For more on global excess capacity, see this recent column.

Yet more remote is elimination of excess capacity.

Given the forecasts for modest growth, excess capacity will be greater at the end of 2010 than at the end of 2009.

from the airline's own view, when the off-season will be shown clear signs of excess capacity.

That excess capacity will create even greater pressure to export in 2010 and beyond.

In China, construction stocks jumped on the central bank's latest move, but still suffer from excess capacity and stretched balance sheets.

Steel demand could fall 10-15 per cent and suddenly there would be 250m tonnes of "excess" capacity.

Excess capacity could dampen business investment, and so will banks' continued reluctance to lend.

The government itself has acknowledged that there is excess capacity in these industries.

Unfortunately, there are fewer and fewer brand names that can withstand the onslaught of excess capacity.

There is certainly excess capacity in a few sectors (steel and some export industries, such as textiles).

That excess capacity is why we can run marathons or endure other extraordinary mental or physical challenges.

In China, they become retained profits that go into more capital accumulation and excess capacity.

Finally, the world of today has massive excess capacity.

Excess capacity drove a 4. 5% drop in producer prices last month.

On the other hand, advocate through m&a, backward production capacity to solve the structural excess capacity problems.

Falling defence budgets and excess capacity have put Europe's military-equipment makers in a bind. Consolidation is needed

State council circular to curb excess capacity and duplicate construction notice

Real Options Analysis for Efficiency of Entry Deterrence with Excess Capacity

Excess capacity of passenger train seating