Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective
This paper applies global value chain analysis to study recent trends in the global automotive industry. The authors pay special attention to the effects of the recent economic crisis on the industry in developing countries. The principal finding i...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100602085323 http://hdl.handle.net/10986/3815 |
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okr-10986-3815 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING AFTERMARKET AGGREGATE DEMAND AGRICULTURE BAILOUT BAILOUTS BANKING SECTOR BANKRUPTCIES BANKRUPTCY BENCHMARKING BID BRAND BRAND IMAGE BRAND NAME BRAND NAMES COMPANY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITORS CONSUMERS CORPORATION CREDIT MARKETS CRISES DEBT DEBTOR DECISION MAKING DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT STRATEGIES DIVISION OF LABOUR DOMESTIC MARKET DOWNSIZING DRIVERS DURABLE ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMICS ECONOMIES OF SCALE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET COUNTRIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURSHIP EQUIPMENT EQUITY STAKES ESTABLISHED BRANDS EXPANSION EXPORTER EXPORTERS EXPORTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FIRMS FIXED COSTS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKETS FOREIGN PARTNER FREE TRADE GLOBAL MARKET GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT OWNERSHIP GOVERNMENT POLICY HOME MARKETS HUMAN RESOURCES IMPORT QUOTAS INCOME INCOME GROWTH INCOME LEVELS INNOVATION INTELLECTUAL PROPERTY INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVENTORIES INVESTMENT RISKS JOB CREATION JOB LOSS JOINT VENTURE JOINT VENTURE PARTNER JOINT VENTURE PARTNERS JOINT VENTURES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR STATISTICS LABOR UNIONS LACK OF CREDIT LAYOFFS LDCS LEASING LESS DEVELOPED COUNTRIES LIBERALIZATION OF TRADE LIQUIDATION LOAN LOAN GUARANTEES LOCAL MARKET LOCAL MARKETS MANUFACTURER MANUFACTURERS MARKET DATA MARKET POTENTIAL MARKET PRICES MARKET SEGMENTS MARKET SHARE MARKET SHARES MARKET SIZE MARKETING MASS MARKET MATURE MARKETS MERGERS MNC MNE MOTIVATION MULTINATIONAL MULTINATIONALS MULTIPLIER EFFECTS NEW PRODUCT DEVELOPMENT OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURES PARTY PENSION PORTFOLIO PRICE DECLINES PRODUCT DIFFERENTIATION PRODUCT QUALITY PRODUCTION COSTS PRODUCTION PROCESS PRODUCTIVITY PROTECTIONISM PURCHASING PURCHASING POWER RECESSION REGIONAL UNEMPLOYMENT REPAYMENT RETURN SAFETY SAFETY STANDARDS SALE SALES SKILLED LABOR STRUCTURAL CHANGE SUBSTITUTE SUPPLIER SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUPPLY CONTRACTS SURPLUS TAKEOVER TOP MANAGEMENT TRADE BLOCS TRADE DEFICIT TRADING TRADING SYSTEM UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED VARIABLE COSTS VEHICLE OWNERSHIP WORKING CAPITAL WORKING HOURS WORLD MARKET WORLD MARKETS WORLD TRADE ORGANIZATION WTO |
| spellingShingle |
ACCOUNTING AFTERMARKET AGGREGATE DEMAND AGRICULTURE BAILOUT BAILOUTS BANKING SECTOR BANKRUPTCIES BANKRUPTCY BENCHMARKING BID BRAND BRAND IMAGE BRAND NAME BRAND NAMES COMPANY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITORS CONSUMERS CORPORATION CREDIT MARKETS CRISES DEBT DEBTOR DECISION MAKING DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT STRATEGIES DIVISION OF LABOUR DOMESTIC MARKET DOWNSIZING DRIVERS DURABLE ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMICS ECONOMIES OF SCALE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET COUNTRIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURSHIP EQUIPMENT EQUITY STAKES ESTABLISHED BRANDS EXPANSION EXPORTER EXPORTERS EXPORTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FIRMS FIXED COSTS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKETS FOREIGN PARTNER FREE TRADE GLOBAL MARKET GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT OWNERSHIP GOVERNMENT POLICY HOME MARKETS HUMAN RESOURCES IMPORT QUOTAS INCOME INCOME GROWTH INCOME LEVELS INNOVATION INTELLECTUAL PROPERTY INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVENTORIES INVESTMENT RISKS JOB CREATION JOB LOSS JOINT VENTURE JOINT VENTURE PARTNER JOINT VENTURE PARTNERS JOINT VENTURES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR STATISTICS LABOR UNIONS LACK OF CREDIT LAYOFFS LDCS LEASING LESS DEVELOPED COUNTRIES LIBERALIZATION OF TRADE LIQUIDATION LOAN LOAN GUARANTEES LOCAL MARKET LOCAL MARKETS MANUFACTURER MANUFACTURERS MARKET DATA MARKET POTENTIAL MARKET PRICES MARKET SEGMENTS MARKET SHARE MARKET SHARES MARKET SIZE MARKETING MASS MARKET MATURE MARKETS MERGERS MNC MNE MOTIVATION MULTINATIONAL MULTINATIONALS MULTIPLIER EFFECTS NEW PRODUCT DEVELOPMENT OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURES PARTY PENSION PORTFOLIO PRICE DECLINES PRODUCT DIFFERENTIATION PRODUCT QUALITY PRODUCTION COSTS PRODUCTION PROCESS PRODUCTIVITY PROTECTIONISM PURCHASING PURCHASING POWER RECESSION REGIONAL UNEMPLOYMENT REPAYMENT RETURN SAFETY SAFETY STANDARDS SALE SALES SKILLED LABOR STRUCTURAL CHANGE SUBSTITUTE SUPPLIER SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUPPLY CONTRACTS SURPLUS TAKEOVER TOP MANAGEMENT TRADE BLOCS TRADE DEFICIT TRADING TRADING SYSTEM UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED VARIABLE COSTS VEHICLE OWNERSHIP WORKING CAPITAL WORKING HOURS WORLD MARKET WORLD MARKETS WORLD TRADE ORGANIZATION WTO Sturgeon, Timothy J. Van Biesebroeck, Johannes Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 5330 |
| description |
This paper applies global value chain
analysis to study recent trends in the global automotive
industry. The authors pay special attention to the effects
of the recent economic crisis on the industry in developing
countries. The principal finding is that the crisis has
accelerated pre-crisis trends toward greater importance of
the industry in the South. More rapid growth of car
ownership is the impetus, but the co-location and close
interaction of suppliers and lead firms in this industry is
an important catalyst. Opportunities to move up in the value
chain for suppliers in emerging economies have proliferated
and are likely to become even stronger now that an
increasing number of new models are developed specifically
for markets in developing countries. The co-location of
assembly and parts plants in national and regional
production systems has largely confined the impact of sales
declines during the crisis to each country/region. In
addition, the different development strategies followed by
countries like Mexico, China, and India are slowly
converging as their industries gain size and independence. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Sturgeon, Timothy J. Van Biesebroeck, Johannes |
| author_facet |
Sturgeon, Timothy J. Van Biesebroeck, Johannes |
| author_sort |
Sturgeon, Timothy J. |
| title |
Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective |
| title_short |
Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective |
| title_full |
Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective |
| title_fullStr |
Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective |
| title_full_unstemmed |
Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective |
| title_sort |
effects of the crisis on the automotive industry in developing countries : a global value chain perspective |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100602085323 http://hdl.handle.net/10986/3815 |
| _version_ |
1764388489033416704 |
| spelling |
okr-10986-38152021-04-23T14:02:12Z Effects of the Crisis on the Automotive Industry in Developing Countries : A Global Value Chain Perspective Sturgeon, Timothy J. Van Biesebroeck, Johannes ACCOUNTING AFTERMARKET AGGREGATE DEMAND AGRICULTURE BAILOUT BAILOUTS BANKING SECTOR BANKRUPTCIES BANKRUPTCY BENCHMARKING BID BRAND BRAND IMAGE BRAND NAME BRAND NAMES COMPANY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITORS CONSUMERS CORPORATION CREDIT MARKETS CRISES DEBT DEBTOR DECISION MAKING DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT STRATEGIES DIVISION OF LABOUR DOMESTIC MARKET DOWNSIZING DRIVERS DURABLE ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMICS ECONOMIES OF SCALE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET COUNTRIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURSHIP EQUIPMENT EQUITY STAKES ESTABLISHED BRANDS EXPANSION EXPORTER EXPORTERS EXPORTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FIRMS FIXED COSTS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKETS FOREIGN PARTNER FREE TRADE GLOBAL MARKET GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT OWNERSHIP GOVERNMENT POLICY HOME MARKETS HUMAN RESOURCES IMPORT QUOTAS INCOME INCOME GROWTH INCOME LEVELS INNOVATION INTELLECTUAL PROPERTY INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVENTORIES INVESTMENT RISKS JOB CREATION JOB LOSS JOINT VENTURE JOINT VENTURE PARTNER JOINT VENTURE PARTNERS JOINT VENTURES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR STATISTICS LABOR UNIONS LACK OF CREDIT LAYOFFS LDCS LEASING LESS DEVELOPED COUNTRIES LIBERALIZATION OF TRADE LIQUIDATION LOAN LOAN GUARANTEES LOCAL MARKET LOCAL MARKETS MANUFACTURER MANUFACTURERS MARKET DATA MARKET POTENTIAL MARKET PRICES MARKET SEGMENTS MARKET SHARE MARKET SHARES MARKET SIZE MARKETING MASS MARKET MATURE MARKETS MERGERS MNC MNE MOTIVATION MULTINATIONAL MULTINATIONALS MULTIPLIER EFFECTS NEW PRODUCT DEVELOPMENT OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURES PARTY PENSION PORTFOLIO PRICE DECLINES PRODUCT DIFFERENTIATION PRODUCT QUALITY PRODUCTION COSTS PRODUCTION PROCESS PRODUCTIVITY PROTECTIONISM PURCHASING PURCHASING POWER RECESSION REGIONAL UNEMPLOYMENT REPAYMENT RETURN SAFETY SAFETY STANDARDS SALE SALES SKILLED LABOR STRUCTURAL CHANGE SUBSTITUTE SUPPLIER SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUPPLY CONTRACTS SURPLUS TAKEOVER TOP MANAGEMENT TRADE BLOCS TRADE DEFICIT TRADING TRADING SYSTEM UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED VARIABLE COSTS VEHICLE OWNERSHIP WORKING CAPITAL WORKING HOURS WORLD MARKET WORLD MARKETS WORLD TRADE ORGANIZATION WTO This paper applies global value chain analysis to study recent trends in the global automotive industry. The authors pay special attention to the effects of the recent economic crisis on the industry in developing countries. The principal finding is that the crisis has accelerated pre-crisis trends toward greater importance of the industry in the South. More rapid growth of car ownership is the impetus, but the co-location and close interaction of suppliers and lead firms in this industry is an important catalyst. Opportunities to move up in the value chain for suppliers in emerging economies have proliferated and are likely to become even stronger now that an increasing number of new models are developed specifically for markets in developing countries. The co-location of assembly and parts plants in national and regional production systems has largely confined the impact of sales declines during the crisis to each country/region. In addition, the different development strategies followed by countries like Mexico, China, and India are slowly converging as their industries gain size and independence. 2012-03-19T18:40:19Z 2012-03-19T18:40:19Z 2010-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100602085323 http://hdl.handle.net/10986/3815 English Policy Research working paper ; no. WPS 5330 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |