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The automotive industry in Central Europe: A success?

Author

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  • Lucia Mýtna Kureková

    (Slovak Governance Institute and CELSI, Slovakia, and IZA, Germany)

Abstract

Central Europe has experienced one of the most impressive growth and convergence stories of recent times. In particular, this has been achieved on the back of foreign-owned, capital-intensive manufacturing production in the automotive sector. With large domestic supplier networks and high skill intensity, the presence of complex industry yields many economic benefits. However, this developmental path is now reaching its limits with the exhaustion of the available skilled workforce, limited investments in upgrading and research, and persistent regional inequalities.

Suggested Citation

  • Lucia Mýtna Kureková, 2018. "The automotive industry in Central Europe: A success?," IZA World of Labor, Institute of Labor Economics (IZA), pages 448-448, September.
    • Handle: RePEc:iza:izawol:journl:2018:n:448
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    References listed on IDEAS

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    1. Malgorzata Jakubiak & Peter Kolesar & Ivailo Izvorski & Lucia Kurekova, 2008. "The Automotive Industry in the Slovak Republic," World Bank Publications - Books, The World Bank Group, number 28010.
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    Cited by:

    1. Maria Daniela BONDOC & Filofteia Georgiana JUCATORU, 2020. "Romanian Automotive Sector Amid Covid-19 Pandemic Crisis: Impact On Production And Productivity," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 19(3), pages 71-78.

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    More about this item

    Keywords

    automotive industry; Central Europe; development; FDI; sectors; transition;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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