Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective
In this paper the authors apply global value chain (GVC) analysis to recent trends in the global automotive industry, with special attention paid to government interventions triggered by the recent economic crisis. The authors first highlight some...
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| Format: | Policy Research Working Paper |
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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_20090921125716 http://hdl.handle.net/10986/4251 |
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okr-10986-42512021-04-23T14:02:16Z Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective Sturgeon, Timothy J. Van Biesebroeck, Johannes AGGREGATE DEMAND AGRICULTURE BAILOUT BAILOUTS BANK HOLDING BANKING SECTOR BANKRUPTCIES BANKRUPTCY BID COMMODITY PRICES COMPARATIVE ADVANTAGE CONSTRUCTION CONSUMER PREFERENCES CONSUMERS CREDIT MARKETS DEBT DEBTOR DEVELOPING COUNTRIES DIVISION OF LABOR DOMESTIC MARKET DRIVERS DURABLE DURABLE GOODS ECONOMIC GEOGRAPHY ECONOMICS EMERGING MARKET EMERGING MARKET COUNTRIES ENVIRONMENTAL BENEFITS EQUIPMENT EQUITY STAKE EXPORTS FEDERAL RESERVE FINANCIAL CRISIS FINANCIAL INSTITUTIONS FIXED CAPITAL FIXED COSTS FOREIGN DIRECT INVESTMENT FREE TRADE GAS GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS HIGH LEVELS HOLDING IMPORT QUOTAS INTERNATIONAL BANK INTERNATIONAL TRADE INVENTORIES INVESTMENT BANKS JOB CREATION LABOR COSTS LABOR MARKET LABOR STATISTICS LABOR UNIONS LAYOFFS LIBERALIZATION OF TRADE LIQUIDATION LOAN LOCAL GOVERNMENTS LOCAL MARKETS MANUFACTURING INDUSTRY MARKET DATA MARKET PRICES MARKET SHARE MATURE MARKETS MERGERS MINORITY SHAREHOLDERS MOTIVATION MULTIPLIER EFFECTS OIL PRICES OLIGOPOLY OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURE ORGANIZATIONAL STRUCTURES PENSION PENSION FUND PENSIONS PHYSICAL ASSETS POLICY RESPONSES POLITICAL INSTITUTIONS PORTFOLIO POSITIVE EFFECTS PRODUCTIVITY PRODUCTIVITY GROWTH PROTECTIONISM PURCHASING PURCHASING POWER RECESSION REGIONAL UNEMPLOYMENT REGISTRATION FEES REGULATORY OVERSIGHT REPAYMENT RIGHT TO WORK SAFETY SALE SALES SHAREHOLDER SHAREHOLDERS SKILLED LABOR SUBSTITUTE SUPPLIER SUPPLIERS SUPPLY CHAIN SURPLUS TAKEOVER TARGET MARKETS TARIFF BARRIERS TAX TOTAL SALES TRADE DEFICIT TRADING UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED WAGES WORKING CAPITAL WORLD MARKET WORLD MARKETS WORLD TRADE ORGANIZATION WTO In this paper the authors apply global value chain (GVC) analysis to recent trends in the global automotive industry, with special attention paid to government interventions triggered by the recent economic crisis. The authors first highlight some of the defining characteristics of GVCs in this important industry, especially the unusually strong regional structure of production and sales. National political institutions create pressure for local content, which drives production close to end markets, where it tends to be organized nationally or regionally. They then examine policy reactions to the recent economic crisis, and provide some discussion of the government interventions in the industry. The authors end with a number of policy conclusions that highlight the likely impact of the interventions on the evolution GVCs and the growth of the industry in developing countries. 2012-03-19T19:12:37Z 2012-03-19T19:12:37Z 2009-09-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090921125716 http://hdl.handle.net/10986/4251 English Policy Research working paper ; no. WPS 5060 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 |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGGREGATE DEMAND AGRICULTURE BAILOUT BAILOUTS BANK HOLDING BANKING SECTOR BANKRUPTCIES BANKRUPTCY BID COMMODITY PRICES COMPARATIVE ADVANTAGE CONSTRUCTION CONSUMER PREFERENCES CONSUMERS CREDIT MARKETS DEBT DEBTOR DEVELOPING COUNTRIES DIVISION OF LABOR DOMESTIC MARKET DRIVERS DURABLE DURABLE GOODS ECONOMIC GEOGRAPHY ECONOMICS EMERGING MARKET EMERGING MARKET COUNTRIES ENVIRONMENTAL BENEFITS EQUIPMENT EQUITY STAKE EXPORTS FEDERAL RESERVE FINANCIAL CRISIS FINANCIAL INSTITUTIONS FIXED CAPITAL FIXED COSTS FOREIGN DIRECT INVESTMENT FREE TRADE GAS GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS HIGH LEVELS HOLDING IMPORT QUOTAS INTERNATIONAL BANK INTERNATIONAL TRADE INVENTORIES INVESTMENT BANKS JOB CREATION LABOR COSTS LABOR MARKET LABOR STATISTICS LABOR UNIONS LAYOFFS LIBERALIZATION OF TRADE LIQUIDATION LOAN LOCAL GOVERNMENTS LOCAL MARKETS MANUFACTURING INDUSTRY MARKET DATA MARKET PRICES MARKET SHARE MATURE MARKETS MERGERS MINORITY SHAREHOLDERS MOTIVATION MULTIPLIER EFFECTS OIL PRICES OLIGOPOLY OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURE ORGANIZATIONAL STRUCTURES PENSION PENSION FUND PENSIONS PHYSICAL ASSETS POLICY RESPONSES POLITICAL INSTITUTIONS PORTFOLIO POSITIVE EFFECTS PRODUCTIVITY PRODUCTIVITY GROWTH PROTECTIONISM PURCHASING PURCHASING POWER RECESSION REGIONAL UNEMPLOYMENT REGISTRATION FEES REGULATORY OVERSIGHT REPAYMENT RIGHT TO WORK SAFETY SALE SALES SHAREHOLDER SHAREHOLDERS SKILLED LABOR SUBSTITUTE SUPPLIER SUPPLIERS SUPPLY CHAIN SURPLUS TAKEOVER TARGET MARKETS TARIFF BARRIERS TAX TOTAL SALES TRADE DEFICIT TRADING UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED WAGES WORKING CAPITAL WORLD MARKET WORLD MARKETS WORLD TRADE ORGANIZATION WTO |
| spellingShingle |
AGGREGATE DEMAND AGRICULTURE BAILOUT BAILOUTS BANK HOLDING BANKING SECTOR BANKRUPTCIES BANKRUPTCY BID COMMODITY PRICES COMPARATIVE ADVANTAGE CONSTRUCTION CONSUMER PREFERENCES CONSUMERS CREDIT MARKETS DEBT DEBTOR DEVELOPING COUNTRIES DIVISION OF LABOR DOMESTIC MARKET DRIVERS DURABLE DURABLE GOODS ECONOMIC GEOGRAPHY ECONOMICS EMERGING MARKET EMERGING MARKET COUNTRIES ENVIRONMENTAL BENEFITS EQUIPMENT EQUITY STAKE EXPORTS FEDERAL RESERVE FINANCIAL CRISIS FINANCIAL INSTITUTIONS FIXED CAPITAL FIXED COSTS FOREIGN DIRECT INVESTMENT FREE TRADE GAS GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS HIGH LEVELS HOLDING IMPORT QUOTAS INTERNATIONAL BANK INTERNATIONAL TRADE INVENTORIES INVESTMENT BANKS JOB CREATION LABOR COSTS LABOR MARKET LABOR STATISTICS LABOR UNIONS LAYOFFS LIBERALIZATION OF TRADE LIQUIDATION LOAN LOCAL GOVERNMENTS LOCAL MARKETS MANUFACTURING INDUSTRY MARKET DATA MARKET PRICES MARKET SHARE MATURE MARKETS MERGERS MINORITY SHAREHOLDERS MOTIVATION MULTIPLIER EFFECTS OIL PRICES OLIGOPOLY OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURE ORGANIZATIONAL STRUCTURES PENSION PENSION FUND PENSIONS PHYSICAL ASSETS POLICY RESPONSES POLITICAL INSTITUTIONS PORTFOLIO POSITIVE EFFECTS PRODUCTIVITY PRODUCTIVITY GROWTH PROTECTIONISM PURCHASING PURCHASING POWER RECESSION REGIONAL UNEMPLOYMENT REGISTRATION FEES REGULATORY OVERSIGHT REPAYMENT RIGHT TO WORK SAFETY SALE SALES SHAREHOLDER SHAREHOLDERS SKILLED LABOR SUBSTITUTE SUPPLIER SUPPLIERS SUPPLY CHAIN SURPLUS TAKEOVER TARGET MARKETS TARIFF BARRIERS TAX TOTAL SALES TRADE DEFICIT TRADING UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED WAGES WORKING CAPITAL WORLD MARKET WORLD MARKETS WORLD TRADE ORGANIZATION WTO Sturgeon, Timothy J. Van Biesebroeck, Johannes Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 5060 |
| description |
In this paper the authors apply global
value chain (GVC) analysis to recent trends in the global
automotive industry, with special attention paid to
government interventions triggered by the recent economic
crisis. The authors first highlight some of the defining
characteristics of GVCs in this important industry,
especially the unusually strong regional structure of
production and sales. National political institutions create
pressure for local content, which drives production close to
end markets, where it tends to be organized nationally or
regionally. They then examine policy reactions to the recent
economic crisis, and provide some discussion of the
government interventions in the industry. The authors end
with a number of policy conclusions that highlight the
likely impact of the interventions on the evolution GVCs and
the growth of the industry in developing countries. |
| 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 |
Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective |
| title_short |
Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective |
| title_full |
Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective |
| title_fullStr |
Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective |
| title_full_unstemmed |
Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective |
| title_sort |
crisis and protection in the automotive industry : 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_20090921125716 http://hdl.handle.net/10986/4251 |
| _version_ |
1764390599885062144 |