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Different interpretations of the automotive industry and its role in three semi-peripheral regions of the EU

Author

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  • Gábor Túry

    (Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences)

Abstract

The paper investigates the role of the automotive industry in the Baltic, Visegrád and Iberian region, summarizing the relevant literature. In the analysis of each country, the study discusses the importance of the automotive industry in the national economy and the role of individual countries in the global trade. Based on the literature there are different approaches regarding the activities belonging to the automotive industry. The vehicle production is vertically integrated, therefore the industry involves many other activities that sell their products to other industries as well. On the other hand economic contribution of the automotive industry can be interpreted in a broad way including downstream activities related to the use of the motor vehicle, and the socioeconomic employment as well. The broader definition of automotive industry in this paper is based on this previous approach. The study defines the automotive spillovers on the basis of the NACE nomenclature to show how these activities contribute to employment, production and value added in the examined countries.

Suggested Citation

  • Gábor Túry, 2017. "Different interpretations of the automotive industry and its role in three semi-peripheral regions of the EU," IWE Working Papers 230, Institute for World Economics - Centre for Economic and Regional Studies.
    • Handle: RePEc:iwe:workpr:230
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    File URL: https://vgi.krtk.hu/publikacio/no-230-2017-08/
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    References listed on IDEAS

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    1. Vladimir Gligorov & Doris Hanzl-Weiss & Yudit Kiss & Leon Podkaminer, 2014. "Monthly Report No. 12/2014," wiiw Monthly Reports 2014-12, The Vienna Institute for International Economic Studies, wiiw.
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    3. Wilbur Chung & W Mitchell & B Yeung, 2003. "Foreign direct investment and host country productivity: the American automotive component industry in the 1980s," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 34(2), pages 199-218, March.
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    5. Balázs Lengyel, 2010. "Regional clustering tendencies of the Hungarian automotive and ICT industries in the first half of the 2000's," EIIW Discussion paper disbei184, Universitätsbibliothek Wuppertal, University Library.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    automotive industry; spillovers; external trade; Baltic countries; Central Europe; Iberian countries;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment

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