IDEAS home Printed from https://ideas.repec.org/a/taf/bushst/v59y2017i1p4-34.html
   My bibliography  Save this article

The stagflation crisis and the European automotive industry, 1973–85

Author

Listed:
  • Jordi Catalan Vidal

Abstract

The success in coping with the stagflation crisis depended on two groups of factors. On the one hand, survival depended on assemblers’ strategies to promote economies of scale and scope, process and product innovation, related diversification, internationalisation and, sometimes, changes of ownership. On the other, firms benefitted from long-term path-dependent growth in their countries of origin’s industrial systems. Indeed, the main winners of the period, Toyota and Volkswagen, can rightly be seen as outstanding examples of Confucian and Rhine capitalism. However, since then, global convergence with Anglo-Saxon capitalism may have eroded some of the institutional bases of their strength.

Suggested Citation

  • Jordi Catalan Vidal, 2017. "The stagflation crisis and the European automotive industry, 1973–85," Business History, Taylor & Francis Journals, vol. 59(1), pages 4-34, January.
    • Handle: RePEc:taf:bushst:v:59:y:2017:i:1:p:4-34
    DOI: 10.1080/00076791.2016.1237505
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00076791.2016.1237505
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00076791.2016.1237505?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hubert Bonin & Yannick Lung & Steven Tolliday, 2003. "Ford, 1903-2003: The European History," Post-Print hal-00154740, HAL.
    2. Wolfe, Joel, 2010. "Autos and Progress: The Brazilian Search for Modernity," OUP Catalogue, Oxford University Press, number 9780195174564, Decembrie.
    3. Freeman, Chris & Louca, Francisco, 2002. "As Time Goes By: From the Industrial Revolutions to the Information Revolution," OUP Catalogue, Oxford University Press, number 9780199251056, Decembrie.
    4. Fujimoto, Takahiro, 1999. "The Evolution of Manufacturing Systems at Toyota," OUP Catalogue, Oxford University Press, number 9780195123203, Decembrie.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chiara N Focacci & Vassil Kirov, 2021. "Regional entrepreneurial ecosystems: Technological transformation, digitalisation and the longer term—The automotive and ICT sectors in the UK and Bulgaria," Local Economy, London South Bank University, vol. 36(1), pages 56-74, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ziad Rotaba & Catherine Beaudry, 2012. "How Do High, Medium, And Low Tech Firms Innovate? A System Of Innovation (Si) Approach," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 9(05), pages 1-23.
    2. Marco Gallegati, 2019. "A system for dating long wave phases in economic development," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 803-822, July.
    3. Grande, Rafael & Muñoz de Bustillo, Rafael & Fernández Macías, Enrique & Antón, José Ignacio, 2020. "Innovation and job quality. A firm-level exploration," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 130-142.
    4. Martin Henning & Hans Westlund & Kerstin Enflo, 2023. "Urban–rural population changes and spatial inequalities in Sweden," Regional Science Policy & Practice, Wiley Blackwell, vol. 15(4), pages 878-892, May.
    5. Vianna Franco, Marco P. & Ribeiro, Leonardo Costa & Albuquerque, Eduardo da Motta e, 2022. "Beyond Random Causes: Harmonic Analysis Of Business Cycles At The Moscow Conjuncture Institute," Journal of the History of Economic Thought, Cambridge University Press, vol. 44(3), pages 456-476, September.
    6. Mark Knell & Simone Vannuccini, 2022. "Tools and concepts for understanding disruptive technological change after Schumpeter," Jena Economics Research Papers 2022-005, Friedrich-Schiller-University Jena.
    7. António Madureira & Nico Baken & Harry Bouwman, 2011. "Value of digital information networks: a holonic framework," Netnomics, Springer, vol. 12(1), pages 1-30, April.
    8. Hall, Stephen & Foxon, Timothy J., 2014. "Values in the Smart Grid: The co-evolving political economy of smart distribution," Energy Policy, Elsevier, vol. 74(C), pages 600-609.
    9. Hayter, Roger & Clapp, Alex, 2020. "Towards a collaborative (public-private partnership) approach to research and development in Canada’s forest sector: an innovation system perspective," Forest Policy and Economics, Elsevier, vol. 113(C).
    10. Yujiro Hayami, 2009. "Social Capital, Human Capital and the Community Mechanism: Toward a Conceptual Framework for Economists," Journal of Development Studies, Taylor & Francis Journals, vol. 45(1), pages 96-123.
    11. John Cantwell, 2014. "A commentary on Grazia Ietto-Gillies' paper: 'The Theory of the Transnational Corporation at 50+'," Economic Thought, World Economics Association, vol. 3(2), pages 1-58, September.
    12. Clifford Bekar & Kenneth Carlaw & Richard Lipsey, 2018. "General purpose technologies in theory, application and controversy: a review," Journal of Evolutionary Economics, Springer, vol. 28(5), pages 1005-1033, December.
    13. Funk, Jeffery, 2009. "Components, systems and discontinuities: The case of magnetic recording and playback equipment," Research Policy, Elsevier, vol. 38(7), pages 1192-1202, September.
    14. Marletto, Gerardo, 2011. "Structure, agency and change in the car regime. A review of the literature," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 47, pages 71-88.
    15. Denise PUMAIN, 2012. "Une Théorie Géographique Pour La Loi De Zipf," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 36, pages 31-54.
    16. Bazhal, Iurii, 2014. "Industrial policy under Neo-Schumpeterian concept of structural technological dynamics: Case of Ukraine," MPRA Paper 67434, University Library of Munich, Germany, revised 24 Oct 2015.
    17. Mendonça, Sandro & Damásio, Bruno & Charlita de Freitas, Luciano & Oliveira, Luís & Cichy, Marcin & Nicita, António, 2022. "The rise of 5G technologies and systems: A quantitative analysis of knowledge production," Telecommunications Policy, Elsevier, vol. 46(4).
    18. Bert Van Wee & David Banister, 2016. "How to Write a Literature Review Paper?," Transport Reviews, Taylor & Francis Journals, vol. 36(2), pages 278-288, March.
    19. Vincent FRIGANT & Stéphanie PERES & Stéphane VIROL, 2012. "How do SMEs to rise at the top of the supply chain? An econometric exploration of the French auto industry (In French)," Cahiers du GREThA (2007-2019) 2012-16, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    20. Pier Angelo Toninelli & Michelangelo Vasta, 2014. "Opening the black box of entrepreneurship: The Italian case in a historical perspective," Business History, Taylor & Francis Journals, vol. 56(2), pages 161-186, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:bushst:v:59:y:2017:i:1:p:4-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FBSH20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.