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Costs and Productivity in Automobile Production - The Challenge of Japanese Efficiency (Paperback, New ed)
Loot Price: R892
Discovery Miles 8 920
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Costs and Productivity in Automobile Production - The Challenge of Japanese Efficiency (Paperback, New ed)
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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.
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