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Empirical work studying the industry life cycle highlights the role of knowledge in various forms on the durations firms survive in the industry. This research leaves open the influence of historical events, which are reflected in macroeconomic factors like income, inflation, exports and...
Persistent link: https://www.econbiz.de/10011802890
We apply various refinements of survival regression to assess the results of some basic specifications based on product life cycle theory for the case of a data set of the German automobile industry. The methods applied pay attention to biases in the coefficient estimates and the standard...
Persistent link: https://www.econbiz.de/10011802859
In the German automobile industry the vertical integration, as an indicator of value added, is on average low. Beyond the argument of relative high labour costs for manufacturing, several specific reasons for the level of vertical integration, linked to the flexibility of business administration...
Persistent link: https://www.econbiz.de/10003592932
This paper examines the current status of the auto parts industry by creating the Auto Parts Imports Intensity Index. COMTRADE data from 2000 to 2017 was used for imports of automotive and auto parts to see how imports of finished car and auto parts have different interdependent relationships in...
Persistent link: https://www.econbiz.de/10012869911
This paper suggests the importance and benefits that foreign direct investment (FDI) exerts in a host economy development, through the international transfer of technologies to an intermediate technological and economic developed country, with a significant technological gap. The importance of...
Persistent link: https://www.econbiz.de/10012714298
The paper opens by mapping the changes in the global auto industry in the 1990s, showing how the rapid growth in sales and production between 1990 and 1997 came largely from the emerging markets rather than the Triad regions (North America, the European Union and Japan). However, for some of...
Persistent link: https://www.econbiz.de/10014029909
Due to the large proportion of emissions which the transportation sector accounts for and the comparative ease with which emissions from this sector can be managed, key countries are tightening emissions regulations in the transportation sector. To this end, various proclamations have been made...
Persistent link: https://www.econbiz.de/10014262553
This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed
Persistent link: https://www.econbiz.de/10014263453
We examine how the risk-return profiles of carmakers BMW and Porsche depend on whether car models are produced in the US or Europe. Using data from the US car market we combine a demand system for differentiated products with counterfactual paths to macroeconomic variables. We let prices and...
Persistent link: https://www.econbiz.de/10013128772
Persistent link: https://www.econbiz.de/10011374604