Motor vehicles are prominent among the flows of exports and/or imports for Canada, Germany, Japan, and the United States, and these trade flows are heavily influenced by the basic relative competitiveness of the production processes for automotive manufacturing. In this book the authors analyze the factors that contributed to the comparative cost competitiviness of the four countries' auto industries over the period 1961-1984 and disentangle the factors contributing to the Japanese cost and efficiency advantages. The authors provide estimates of comparative costs of automobile production (both short-run and long-run) and the sources of these cost differences, based on the econometric cost function methodology. An innovation is the careful treatment of capacity utilization, one of the most important sources of short-run cost and efficiency differences. This methodology is also used effectively in an analysis of the Canada-U.S. Auto Pact, a unique experiment in trade liberalization. Previous estimates of cost and efficiency differences using the plant inspection and comparison of company financial reports methodologies are also evaluated.
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"...useful to readers who want a good and in-depth understanding of the industry in these countries." Kar-Yiu Wong, Journal of Japanese Studies
Book Description
Motor vehicles are prominent among the flows of exports and imports for Canada, Germany, Japan and the United States. In this book the authors analyse the factors that contributed to the comparative cost competitiveness of the four countries' auto industries over the period 1961-84, and disentangle the factors contributing to the Japanese cost and efficiency advantages. Their main contribution is to provide estimates of comparative costs of automobile production and the sources of these cost differences.
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Inside This Book
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First Sentence:
One of the most important factors determining the health of any national economy is the level and pattern of international trade. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
economies efficiency efficiency, relative unit production costs, unit production cost increases, unpublished data base, labor productivity advantage, average cost difference, relative average cost, nonmanufacturing costs, capacity utilization effects, lower factor prices, liberal weights, motor vehicle producers, auto producers, relative price index, original equipment parts, production cost advantage, undervalued yen, auto trade, variable cost function, auto sector, passenger car production, motor vehicle industry, efficiency disadvantage, category weight, capacity utilization rate Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Auto Pact, North American, Statistics Canada, Canada Japan Germany, Department of Commerce, Bureau of the Census, Federal Trade Commission, World Motor Vehicle Data, Bank of Japan, Big Three, Motor Vehicle Manufacturers Association, Consumer Reports, Wards Communication Inc, Bureau of Labor Statistics, Midsize Standard, Bladen Report, Economic Council of Canada, Free Trade Agreement, International Financial Statistics, Mini Standard, Predicted Category, Quantity Category, Voluntary Restraint Agreements, Wards Automotive Yearbook New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
One of the most important factors determining the health of any national economy is the level and pattern of international trade. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
economies efficiency efficiency, relative unit production costs, unit production cost increases, unpublished data base, labor productivity advantage, average cost difference, relative average cost, nonmanufacturing costs, capacity utilization effects, lower factor prices, liberal weights, motor vehicle producers, auto producers, relative price index, original equipment parts, production cost advantage, undervalued yen, auto trade, variable cost function, auto sector, passenger car production, motor vehicle industry, efficiency disadvantage, category weight, capacity utilization rate Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Auto Pact, North American, Statistics Canada, Canada Japan Germany, Department of Commerce, Bureau of the Census, Federal Trade Commission, World Motor Vehicle Data, Bank of Japan, Big Three, Motor Vehicle Manufacturers Association, Consumer Reports, Wards Communication Inc, Bureau of Labor Statistics, Midsize Standard, Bladen Report, Economic Council of Canada, Free Trade Agreement, International Financial Statistics, Mini Standard, Predicted Category, Quantity Category, Voluntary Restraint Agreements, Wards Automotive Yearbook New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Citations (learn more)
This book cites 6
books:
See all 6 books this book cites
2
books
cite this book:
- Productivity Measurement in Regulated Industries (Economic Theory, Econometrics, and Mathematical Economics) by Thomas G. Cowing in Back Matter
- Free Trade between the United States and Canada: The Potential Economic Effects (Harvard Economic Studies) by Ronald J. Wonnacott in Back Matter
- The Tariff and Competition in Canada by H. C. Eastman in Back Matter
- The Exchange Rate System (Policy Analyses in International Economics) by John Williamson in Back Matter
- Production Economics: A Dual Approach to Theory and Applications (Volume 1) (v. 1) by Melvyn A. Fuss in Back Matter
See all 6 books this book cites
- Labor's Power and Industrial Performance : Automobile Production Regimes in the U.S., Germany, and Japan (Garland Studies on Industrial Productivity) by Stavros P. Gavroglou on page 68, page 232, and page 275
- Social Reconstructions of the World Automobile Industry: Competition, Power and Industrial Flexibility (International Political Economy) by Frederic C. Deyo on page 194
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