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In the wake of global recession, governments worldwide face increasing pressures to assist ailing domestic industries, especially companies deemed "too big to fail." The auto sector provides an excellent illustration of the tensions between the need to rescue ailing domestic producers without...
Persistent link: https://www.econbiz.de/10013107925
Australia is regarded as a good advocate of progressive trade liberalization. With the notable exception of textiles, clothing and footwear (TCF), the automotive, and the sugar industries, Australia has reduced its average tariff rate to the lowest levels in the world. Its commitment to...
Persistent link: https://www.econbiz.de/10013155696
This paper examines the growth trajectory and the current state of the Indian automobile industry, paying attention to factors that underpinned its transition from import substitution to integration into global production networks. Market-conforming policies implemented by the government of...
Persistent link: https://www.econbiz.de/10012863210
This work is a pioneer effort to estimate supply and demand of automobiles in Brazil with a Discrete Choice model in a differentiated product oligopolistic market. We apply a Nested Logit model to the demand side and assume differentiated product price-setting firms on the supply side to...
Persistent link: https://www.econbiz.de/10014029890
This paper examines the economic consequences of a horizontal merger between Korean automakers that took place in 1998, with a particular emphasis on export market behavior. Estimates of structural demand and supply reveal that the merger enhanced production efficiency of the merged party by...
Persistent link: https://www.econbiz.de/10014236892
This paper makes an attempt to understand the implications of trade normalisation between India and Pakistan on the automobile sector. Currently, am majority of auto components are in Pakistan's negative list. Based on both quantitative and qualitative analysis, the paper concludes that India...
Persistent link: https://www.econbiz.de/10010404635
The auto sector in Pakistan has been a persistent opponent of trade liberalisation in the country. This has entailed losses to consumers in terms of higher prices, low safety and quality standards, and lack of innovation in this sector. The deletion programme, which was to result in...
Persistent link: https://www.econbiz.de/10010467106
Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet evidence on its effectiveness and economic impact is limited. We focus on feebate schemes, which impose a fee on high-carbon vehicles and give a rebate to...
Persistent link: https://www.econbiz.de/10014174470
Persistent link: https://www.econbiz.de/10012963376
The automobile industry was a leader in Germany's economic recovery after World War II. In the 1950s and 1960s, carmakers found a ready market for their products as mass motorization created a manufacturing backlog. But, by the 1970s, rapid changes in sales and the arrival of new competitors in...
Persistent link: https://www.econbiz.de/10013133426