Qing Zhou
School of Business Administration, China University of Petroleum-Beijing, 102249, Beijing, China
Shuai Qi
School of Business Administration, China University of Petroleum-Beijing, 102249, Beijing, China
Jianbing Liang
School of Business Administration, China University of Petroleum-Beijing, 102249, Beijing, China
Yixian Liu
School of Business Administration, China University of Petroleum-Beijing, 102249, Beijing, China
ABSTRACT
The oil and gas industry is a high investment, high risk, high reward and high-tech industry with a need for highly qualified labour. China's oil and gas market has attracted more and more investors to join. However, due to oil and gas industry in all aspects of specificity, there are some Chinese oil and gas markets have barriers to entry. In this study, the Chinese oil and gas industry for effective market entry barriers based on the analysis, the use of StarLogo simulation tools, modeling, simulation of Chinas refined oil market. By analyzing simulation results, we want to help the investors effective investment and to promote China's oil and gas industry to create more opportunities for development.
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How to cite this article
Qing Zhou, Shuai Qi, Jianbing Liang and Yixian Liu, 2013. A Simulation Analysis of Barriers to Entry in China Refined Oil Market. Information Technology Journal, 12: 8418-8423.
DOI: 10.3923/itj.2013.8418.8423
URL: https://scialert.net/abstract/?doi=itj.2013.8418.8423
DOI: 10.3923/itj.2013.8418.8423
URL: https://scialert.net/abstract/?doi=itj.2013.8418.8423
REFERENCES
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