Motor vehicles are prominent among the flows of exports and 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 analyse in depth 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 (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-US Auto Pact, a unique experiment in trade liberalization.
By:
Melvyn A. Fuss (University of Toronto), Leonard Waverman (University of Toronto) Imprint: Cambridge University Press Country of Publication: United Kingdom Dimensions:
Height: 228mm,
Width: 154mm,
Spine: 15mm
Weight: 387g ISBN:9780521031752 ISBN 10: 0521031753 Pages: 256 Publication Date:23 November 2006 Audience:
Professional and scholarly
,
Undergraduate
Format:Paperback Publisher's Status: Active
Reviews for Costs and Productivity in Automobile Production: The Challenge of Japanese Efficiency
...useful to readers who want a good and in-depth understanding of the industry in these countries. Kar-Yiu Wong, Journal of Japanese Studies