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Spatial Aspects of Capacity Change by U.S. Integrated Steel Producers
Author(s) -
Beeson Patricia,
Giarratani Frank
Publication year - 1998
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/0022-4146.00101
Subject(s) - raw material , competition (biology) , agricultural economics , capacity utilization , steel mill , variation (astronomy) , raw data , economics , natural resource economics , business , environmental science , geography , mathematics , statistics , microeconomics , ecology , chemistry , physics , organic chemistry , archaeology , astrophysics , biology
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.