| Abstract:Overcapacity was one of the prominent problems during the economic development of the Beijing-Tianjin-Hebei region. It was of great practical significance to carry out research on regional capacity utilization rate and its influencing factors to reveal the mechanism of overcapacity in the high energy consumption industries, and further adopted reasonable industrial structure optimization and overcapacity solution. Based on the data of high energy consumption industry in Beijing-Tianjin-Hebei region from 2004 to 2016, this paper used the production function method to calculate the capacity utilization rate of Beijing-Tianjin-Hebei region and its high energy consumption industries through Eviews9.0, and analyzed the influencing factors about capacity utilization rate. The main conclusions are as following: (1) There were regional differences in capacity utilization rates of Beijing-Tianjin-Hebei region, but they were all below 79% which was in risk of overcapacity; generally speaking, the change of capacity utilization rate could be divided into three stages: sustained growth, rising volatility and falling volatility. (2) The capacity utilization rate had obvious industry differences, among which the capacity utilization rate of non-ferrous metal smelting and pressing industry was 36.80%, which was the most prominent industry with overcapacity. (3) The main reasons for overcapacity in high energy consumption industries were excessive government intervention, wave movement phenomena, economic system distortions and technical inefficiencies. (4) In the future, on the basis of the coordinated development of Beijing-Tianjin-Hebei Region, we are supposed to seize the opportunity of the Belt and Road initiatives and the construction of Xiong'an New Area and implement the “going global” strategy; strengthen the production of environmental regulations, promote technological innovation and industrial structure upgrading, and achieve “environmental compensation effects”. |
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