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The Competitiveness of UK Manufacturing: Evidence from Imports

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  • Temple, Paul
  • Urga, Giovanni

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.

Suggested Citation

  • Temple, Paul & Urga, Giovanni, 1997. "The Competitiveness of UK Manufacturing: Evidence from Imports," Oxford Economic Papers, Oxford University Press, vol. 49(2), pages 207-227, April.
  • Handle: RePEc:oup:oxecpp:v:49:y:1997:i:2:p:207-27
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    Cited by:

    1. Isabel Maria Bodas Freitas & Michiko Iizuka, 2012. "A multi-level analysis of the diffusion of standards compliance in Latin America," Grenoble Ecole de Management (Post-Print) hal-01487512, HAL.
    2. Chen, Natalie & Novy, Dennis, 2012. "On the measurement of trade costs: direct vs. indirect approaches to quantifying standards and technical regulations," World Trade Review, Cambridge University Press, vol. 11(03), pages 401-414, July.
    3. Benjamin Jung, 2016. "Trade creating oder Trade diverting - ├ľkonomische Perspektiven auf den Abbau technischer Handelshemmnisse in multilateralem oder regionalem Rahmen," IAW Discussion Papers 127, Institut f├╝r Angewandte Wirtschaftsforschung (IAW).
    4. Bodas Freitas, Isabel Maria & Iizuka, Michiko, 2012. "Openness to international markets and the diffusion of standards compliance in Latin America. A multi level analysis," Research Policy, Elsevier, vol. 41(1), pages 201-215.
    5. Isabel Maria Bodas Freitas & Michiko Iizuka, 2008. "Standards compliance as an alternative learning opportunity under globalization in Latin America," SPRU Working Paper Series 172, SPRU - Science and Technology Policy Research, University of Sussex.
    6. Ederington,Josh & Ruta,Michele, 2016. "Non-tariff measures and the world trading system," Policy Research Working Paper Series 7661, The World Bank.

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