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Costs and Productivity in Automobile Production
The Challenge of Japanese Efficiency

$29.00 USD

  • Date Published: February 2011
  • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • format: Adobe eBook Reader
  • isbn: 9780511872747

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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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    Product details

    • Date Published: February 2011
    • format: Adobe eBook Reader
    • isbn: 9780511872747
    • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • Table of Contents

    Preface
    1. Introduction
    2. International differences in output, productivity and wages in the automobile industry: the 1950s to the mid-1980s
    3. The cost-function approach to the analysis of cost and total factor productivity differences
    4. Data base sources and method of construction
    5. Empirical results: estimation of the cost function
    6. Productivity growth in the automobile industry, 1970–84: a comparison of the United States, Japan, Germany and Canada
    7. International comparisons of automobile industry cost and productivity levels: Japan, Germany and the United States
    8. International comparisons of automobile industry cost and productivity levels: Canadian with US, Japanese and German production
    9. Summary and conclusions
    References
    Index.

  • Authors

    Melvyn A. Fuss, University of Toronto

    Leonard Waverman, University of Toronto

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