Showing 1 - 10 of 144
Globalization has led to union decline almost universally across the world's capitalist democracies. But despite globalization, global labor unions have been able to sign International Framework Agreements (“IFAs”) with more than 110 multinational corporations that cover about 9 million...
Persistent link: https://www.econbiz.de/10013062583
This paper examines the impact of industrial policies (IPs) on innovation in the global automobile industry. We compile the first comprehensive dataset linking global IPs with patent data related to the auto industry from 2008 to 2023. We document a major shift in policy focus: by 2022, nearly...
Persistent link: https://www.econbiz.de/10015145089
We first estimate a dynamic game for the global automobile industry and then compute a Markov Perfect equilibrium to study the equilibrium relationship between market structure and innovation. The key state variable in the model is the efficiency level of each firm and the market structure is...
Persistent link: https://www.econbiz.de/10014041800
In September 2009 General Motors' board of directors announces it would sell the majority of its European subsidiary Opel to a group led by Magna International Inc. But two months later it decides to keep Opel, upsetting German officials and workers and harming its reputation in Germany. Why did...
Persistent link: https://www.econbiz.de/10014044031
The question that how market structure and innovation are related has been extensively studied in the literature. However, there is hardly any notable study on this question for the global automobile industry. We fill this gap by studying the relationship between market structure and innovation...
Persistent link: https://www.econbiz.de/10014050883
For the last 50 years, the United States has been the leading supplier of LCA to the world. Changes in the structure of the global LCA industry and its market may ultimately affect the U.S. industry’s continued dominance, as competition increases and aspiring producers seek to enter the...
Persistent link: https://www.econbiz.de/10014204858
Far from protecting the environment, most rail transit lines use more energy per passenger mile, and many generate more greenhouse gases, than the average passenger automobile. Rail transit provides no guarantee that a city will save energy or meet greenhouse gas targets. While most rail transit...
Persistent link: https://www.econbiz.de/10014214966
We specify and estimate a dynamic game to study the equilibrium relationship between market structure and innovation in the automobile industry. The quality of each firm's product for the average consumer, the key state variable, is modeled as stochastically increasing in innovation, the dynamic...
Persistent link: https://www.econbiz.de/10014155399
This article analyses business strategies in the automobile sector to determine the key factors behind production relocation processes in automobile components suppliers. These factors help explain changes in production geography in the sector not only in terms of location advantages but also...
Persistent link: https://www.econbiz.de/10014159354
The restrictive measures that have been imposed from March 2020 on business activities in several countries to reduce the spread of the COVID-19 pandemic can be interpreted as shocks to global supply chains. We propose some agent-based models to evaluate the economic effects of different...
Persistent link: https://www.econbiz.de/10014082363