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Costs and Productivity in Automobile Production - The Challenge of Japanese Efficiency (Hardcover, New)
Loot Price: R2,446
Discovery Miles 24 460
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Costs and Productivity in Automobile Production - The Challenge of Japanese Efficiency (Hardcover, New)
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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' automotive 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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