IDEAS home Printed from https://ideas.repec.org/a/sae/intare/v14y2011i2p49-77.html
   My bibliography  Save this article

The Institutional Development of the European Union in the 1990s and its Industry Specific Effects: A Case of the Automobile Industry

Author

Listed:
  • Jae Hoon Hyun

Abstract

This study attempts to identify the measures and policies related to the institutional development of the EU in the 1990s and the mechanisms that resulted in specific consequences on the automobile industry. The removal of visible and invisible barriers to internal trade has promoted the competitiveness of the industry by enhancing the accessibility to expanded markets which has increased the capacity of firms to reduce unit cost by realising scale economies. The measures of the Single Market Programme promoting standards (such as technical harmonisation and emission control, fair competition, and liberalisation of distribution channels by further abolition of block exemptions together with strong challenges from overseas) increased overall competition. Also, figures show that the introduction of the single currency provided the automobile industry with a more stable business environment stemming from reduced transaction costs and elimination of the risks of exchange-rate fluctuations.

Suggested Citation

  • Jae Hoon Hyun, 2011. "The Institutional Development of the European Union in the 1990s and its Industry Specific Effects: A Case of the Automobile Industry," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 14(2), pages 49-77, June.
  • Handle: RePEc:sae:intare:v:14:y:2011:i:2:p:49-77
    DOI: 10.1177/223386591101400203
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/223386591101400203
    Download Restriction: no

    File URL: https://libkey.io/10.1177/223386591101400203?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
    ---><---

    References listed on IDEAS

    as
    1. Anonymous, 1991. "The Automobile Industry," Business History Review, Cambridge University Press, vol. 65(4), pages 1-1, January.
    2. V.N. Balasubramanyam & David Greenaway, 1992. "Economic Integration and Foreign Direct Investment: Japanese Investment in the EC," Journal of Common Market Studies, Wiley Blackwell, vol. 30(2), pages 175-194, June.
    3. Kirman, Alan & Schueller, Nathalie, 1990. "Price Leadership and Discrimination in the European Car Market," Journal of Industrial Economics, Wiley Blackwell, vol. 39(1), pages 69-91, September.
    4. Krugman, Paul & Venables, Anthony J., 1996. "Integration, specialization, and adjustment," European Economic Review, Elsevier, vol. 40(3-5), pages 959-967, April.
    5. Corden, W M, 1972. "Economies of Scale and Customs Union Theory," Journal of Political Economy, University of Chicago Press, vol. 80(3), pages 465-475, May-June.
    6. P Dicken, 1992. "Europe 1992 and Strategic Change in the International Automobile Industry," Environment and Planning A, , vol. 24(1), pages 11-31, January.
    Full references (including those not matched with items on IDEAS)

    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. Boone, J., 2004. "Balance of Power," Other publications TiSEM d3f8cd4b-eaf0-4c1c-aed4-5, Tilburg University, School of Economics and Management.
    2. Henryk Bak & Sebastian Maciejewski, 2015. "Asymmetric shocks and international risk sharing in the European Monetary Union and the European Union," Bank i Kredyt, Narodowy Bank Polski, vol. 46(6), pages 523-564.
    3. Jeffrey D. Sachs & Xiaokai Yang & Dingsheng Zhang, 1999. "Trade Pattern and Economic Development when Endogenous and Exogenous Comparative Advantages Coexist," CID Working Papers 03A, Center for International Development at Harvard University.
    4. Pachara Lochindaratn, 2007. "Market Size, Market Structure, and Welfare Improving Regional Economic Integration: The Computable General Equilibrium Modelling Approach," EcoMod2007 23900053, EcoMod.
    5. Richard Pomfret, 2003. "Trade and Exchange Rate Policies in Formerly Centrally Planned Economies," The World Economy, Wiley Blackwell, vol. 26(4), pages 585-612, April.
    6. Ruigrok, Winfried & Tate, John J, 1995. "Public Testing And Research Centers In Japan," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt3581k5pd, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
    7. Susan Helper & Mari Sako, 2010. "Management innovation in supply chain: appreciating Chandler in the twenty-first century," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(2), pages 399-429, April.
    8. Andrew Hallett, 2002. "Britain and the euro," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 30(3), pages 335-348, September.
    9. Arbia, Giuseppe & Espa, Giuseppe & Giuliani, Diego & Dickson, Maria Michela, 2014. "Spatio-temporal clustering in the pharmaceutical and medical device manufacturing industry: A geographical micro-level analysis," Regional Science and Urban Economics, Elsevier, vol. 49(C), pages 298-304.
    10. repec:dgr:rugsom:97b05 is not listed on IDEAS
    11. A Lagendijk & G A van der Knaap, 1993. "Foreign Involvement in the Spanish Automobile Industry: Internalising versus Networking," Environment and Planning A, , vol. 25(11), pages 1663-1676, November.
    12. Boone, Jan, 2004. "Balance of Power," CEPR Discussion Papers 4733, C.E.P.R. Discussion Papers.
    13. Gábor Péli & Bart Nooteboom, 1997. "Simulation of Learning in Supply Partnerships," Computational and Mathematical Organization Theory, Springer, vol. 3(1), pages 43-66, March.
    14. Paul Wonnacott & Ronald Wonnacott, 2005. "What's the Point of Reciprocal Trade Negotiations? Exports, Imports, and Gains from Trade," The World Economy, Wiley Blackwell, vol. 28(1), pages 1-20, January.
    15. Dvir, Eyal & Strasser, Georg, 2018. "Does marketing widen borders? Cross-country price dispersion in the European car market," Journal of International Economics, Elsevier, vol. 112(C), pages 134-149.
    16. Tomasz Brodzicki, 2005. "Econometric Analysis of Impact of Relative Location on the Growth Effects of Economic Integration. The case of the EU," Working Papers of Economics of European Integration Division 0603, The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division, revised Jan 2006.
    17. repec:dgr:rugsom:95b39 is not listed on IDEAS
    18. Ademir Rocha & Fernando Perobelli, 2020. "Spatial distribution of logistics services in Brazil: A potential market analysis," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(1), pages 185-217, February.
    19. Yin‐Wong Cheung & Xingwang Qian, 2009. "Empirics Of China'S Outward Direct Investment," Pacific Economic Review, Wiley Blackwell, vol. 14(3), pages 312-341, August.
    20. Antonia López-Villavicencio & Valérie Mignon, 2020. "Exchange rate pass-through to import prices: accounting for changes in the eurozone trade structure," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(4), pages 835-858, November.
    21. Ferdj Younes, 2024. "The impact of the COVID-19 pandemic on regional economic integration in the Maghreb region – an Algerian perspective," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 17(2), pages 290-313.
    22. Longhi, Christian & Musolesi, Antonio & Baumont, Catherine, 2014. "Modeling structural change in the European metropolitan areas during the process of economic integration," Economic Modelling, Elsevier, vol. 37(C), pages 395-407.

    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:sae:intare:v:14:y:2011:i:2:p:49-77. 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: SAGE Publications (email available below). General contact details of provider: http://www.hufs.ac.kr/user/hufsenglish/re_1.jsp .

    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.