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'Tertiarization' of manufacturing industry in the new economy - experiences in Hungarian companies

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  • Andrea Szalavetz

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

Abstract

The first chapter describes the conceptual basis behind the tertiarization of manufacturing. The paper then goes on to develop some predictions about the changes in the structure of international trade in services, resulting from the tertiarization process. It analyses some methodological difficulties with statistics on international trade in services – difficulties in quantifying the volume and value of intra-firm services. The next chapter recounts the findings of a field survey taken in 2002. Ten engineering subsidiaries of large multinational corporations (MNCs) in Hungary were examined for signs of integration of service activities into their manufacturing. The survey looked into the way the activity portfolio of the ten firms had diversified and into the implications of this process for their profitability.

Suggested Citation

  • Andrea Szalavetz, 2003. "'Tertiarization' of manufacturing industry in the new economy - experiences in Hungarian companies," IWE Working Papers 134, Institute for World Economics - Centre for Economic and Regional Studies.
    • Handle: RePEc:iwe:workpr:134
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    File URL: https://vgi.krtk.hu/publikacio/no-134-2003-03/
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    References listed on IDEAS

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    7. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. Xiaoyong Qiao & Yongzhe Guo & Pengyang Zhang & Xue Chen, 2024. "Servitization of Manufacturing Industry Export Enterprises, Multinational Corporation GVC Activities and Pollution Reduction in China," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 14(1), pages 1-8.
    2. Jifei Xie & Lulu Ma & Jiamin Li, 2023. "Servitization, Digitalization or Hand in Hand: A Study on the Sustainable Development Path of Manufacturing Enterprises," Sustainability, MDPI, vol. 15(13), pages 1-17, July.

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