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Globalization is transforming the German manufacturing production model. German manufacturing MNCs are shifting from servicing global demand via exports to a strategy of 'produce where you sell' FDI expansion in emerging global markets. This strategy is generating recursive dynamics that are...
Persistent link: https://www.econbiz.de/10011833843
Abstract Die aktuelle Wirtschaftskrise hat den deutschen Maschinen- und Anlagenbau aus einer extremen Boomphase heraus in einen enormen Absatzeinbruch hinuntergezogen. Während des Aufschwungs machte den Unternehmen mehr und mehr ein Fachkräfte- und Ingenieurmangel zu schaffen. Der...
Persistent link: https://www.econbiz.de/10014586327
On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...
Persistent link: https://www.econbiz.de/10010262351
This paper investigates the relative cyclical behavior of the pay of piece workers and hourly paid workers. It uses a unique data set of blue-collar workers in British engineering between 1926 and 1966. The statistics are obtained from the payrolls of firms belonging to the Engineering Employers...
Persistent link: https://www.econbiz.de/10010267830
This paper aims to examine the relative efficiency of German engineering firms using a sample of roughly 23,000 observations between 1995 and 2004. As these firms had been successful in the examination period in terms of output- and export-growth, it is expected that a majority of firms is...
Persistent link: https://www.econbiz.de/10010271101
Persistent link: https://www.econbiz.de/10010272206
In the 1987 study On the Determinants of Brazilian Exports, two hypotheses figured prominently. First, it was stated that Brazil's comparative advantage was in unskilled labor intensive products and secondly that policy interventions rather than internal factors were responsible in fostering...
Persistent link: https://www.econbiz.de/10010277228
MAN was the first German company to create a SE, by the conversion of its subsidiary MAN B&W Diesel into MAN Diesel SE in August 2006. This was followed in 2009 by the conversion of MAN itself into MAN SE. Both management and the employee representatives were well prepared for negotiating an...
Persistent link: https://www.econbiz.de/10011902455