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The Competitiveness of UK Manufacturing: Evidence from Imports

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Author Info
Temple, Paul
Urga, Giovanni

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Abstract

This paper presents an empirical analysis of the behavior of U.K. imports of manufactures, intended to develop understanding of nonprice competitiveness by evaluating the impact of capacity constraints, international specialization, and industrial standards. Two data sets are employed: aggregate data for the period 1970-93 and a panel of eighty-one industries for 1985-90. Structural stability in a model of the former suggests that no competitiveness improvement has occurred in domestic U.K. manufacturing which matches that found elsewhere for exports. The panel model shows the important impact of standards on imports, while confirming that skilled labor shortages are a key source of volatility. Copyright 1997 by Royal Economic Society.

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Publisher Info
Article provided by Oxford University Press in its journal Oxford Economic Papers.

Volume (Year): 49 (1997)
Issue (Month): 2 (April)
Pages: 207-27
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Handle: RePEc:oup:oxecpp:v:49:y:1997:i:2:p:207-27

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  1. Isabel Maria Bodas Freitas & Michiko Iizuka, 2008. "Standards compliance as an alternative learning opportunity under globalization in Latin America," SPRU Electronic Working Paper Series 172, University of Sussex, SPRU - Science and Technology Policy Research. [Downloadable!]
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