英文摘要 |
Following the second oil crisis in the mid-1970s, the industrialcompetitiveness of Taiwan’s petrochemical industry rapidly declined in theface of the rapid development of newly industrialized countries and themassive dumping of petrochemical related products by advanced economiesin the world market. Although upstream, midstream, and downstream of theindustry during the period seem to have formed a consistent productionsystem in the domestic market, when faced with sharp deterioration incompetitiveness, various sectors in the industry failed to consolidate due toconflict of interests caused by surging prices of intermediate products andraw materials. Taiwan’s petrochemical industry has undergone a majortransformation and gradually recovered in the 1980s as the governmentstrategically devised and implemented a series of policies aimed to stabilizethe supply chain and achieve sustainability by promoting efficiency frommidstream to upstream sectors through economies of scale, and at the sametime allowing midstream and downstream sectors to acquire intermediategoods and raw materials at international market prices. Using the development process of Taiwan’s petrochemical industry as an example, thisstudy investigates how the proposed industrial order policy for the industry inthe 1980s have succeeded in achieving its goals in response to both externaland internal challenges. The findings of this study suggest that regulatoryintervention and coordination within the internal production, sale, distribution,and pricing strategy in the industry facilitate the enhancement of aninterdependency relationship and market competitiveness between sectors inthe industry. This leads to the acceleration of industrial integration anddevelopment of the industry’s consistent production system. |