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Since 1962, South Korea has recognized the motor vehicle industry as a critical industry for economic development. The government has been closely involved in the industry's growth from infancy to its current position among the top five motor vehicle producers in the world. In its early years,...
Persistent link: https://www.econbiz.de/10010753289
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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
The EU-South Korea FTA, enforced in 2011, represents a significant case of a trade deal signed between two major developed economies that also belong among the largest car exporters in the world. This paper examines the effects of the EU-South Korea FTA on bilateral automotive industry trade,...
Persistent link: https://www.econbiz.de/10012931339
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
Purpose – The aim of this study is to examine the relationship between gender diversity in coinventing teams and technological innovation. We reason that a diverse range of perspectives and experiences brought about through gender diversity can lead to more creative problem-solving and...
Persistent link: https://www.econbiz.de/10014357597
In the last two decades, manufacturing industries in Korea have become more concentrated, and interconnectedness across industries and to foreign countries has risen via vertical relationships and trade linkages. This paper investigates the transmission of economic shocks in such a highly...
Persistent link: https://www.econbiz.de/10012868263
Media pundits and some politicians would have us believe that industrial production has been declining in the United States. Some would even say that “we don't make things anymore.” However, the statistics show a different picture. This paper examines the trade statistics for the United...
Persistent link: https://www.econbiz.de/10012963810
The full integration of the textile industry into GATT, which with some exceptions occurred on January 1, 2005, is likely to greatly impact the global textile and apparel industries. In particular, one prediction is that the South African industries are likely to be ¡°decimated.¡± The actual...
Persistent link: https://www.econbiz.de/10009350228
The recent woes of the US manufacturing sector have prompted the search for an effective solution for its resuscitation. Such a plan can aid the big three automotive companies in regaining their market share. This article takes a holistic approach in addressing this issue and attempts to, at...
Persistent link: https://www.econbiz.de/10012766269