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Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data

Received: 26 February 2015     Accepted: 13 March 2015     Published: 18 March 2015
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Abstract

The study is aimed to examine the impact of economic, social and environmental factors on the competitiveness of automotive industry. Competitiveness of industry is measured by the Revealed Comparative Advantage (RCA) Index. Fixed effect model is estimated by using the data of 14 Asian countries for the period ranging from 1991 to 2012. Results show that competitiveness of automotive industry is positively related to economic performance, human capital development, urbanization and tariff rate while negatively affected by lending rate and carbon emission both in developed and developing nations of Asia. Findings of the study suggest that external factors should be given due consideration particularly lending rate, human capital development and tariff to improve the competitiveness of automotive industry. Automotive policies in developing countries should improve their human capital and encourage foreign investors with adequate protection to local industry.

Published in International Journal of Economic Behavior and Organization (Volume 3, Issue 1)
DOI 10.11648/j.ijebo.20150301.12
Page(s) 10-17
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Competitiveness, Automotive Industry, Economic Growth, Education

References
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Cite This Article
  • APA Style

    Abdul Hannan, Faheem Haider, Nisar Ahmad, Tahira Ishaq. (2015). Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data. International Journal of Economic Behavior and Organization, 3(1), 10-17. https://doi.org/10.11648/j.ijebo.20150301.12

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    ACS Style

    Abdul Hannan; Faheem Haider; Nisar Ahmad; Tahira Ishaq. Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data. Int. J. Econ. Behav. Organ. 2015, 3(1), 10-17. doi: 10.11648/j.ijebo.20150301.12

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    AMA Style

    Abdul Hannan, Faheem Haider, Nisar Ahmad, Tahira Ishaq. Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data. Int J Econ Behav Organ. 2015;3(1):10-17. doi: 10.11648/j.ijebo.20150301.12

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  • @article{10.11648/j.ijebo.20150301.12,
      author = {Abdul Hannan and Faheem Haider and Nisar Ahmad and Tahira Ishaq},
      title = {Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data},
      journal = {International Journal of Economic Behavior and Organization},
      volume = {3},
      number = {1},
      pages = {10-17},
      doi = {10.11648/j.ijebo.20150301.12},
      url = {https://doi.org/10.11648/j.ijebo.20150301.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20150301.12},
      abstract = {The study is aimed to examine the impact of economic, social and environmental factors on the competitiveness of automotive industry. Competitiveness of industry is measured by the Revealed Comparative Advantage (RCA) Index. Fixed effect model is estimated by using the data of 14 Asian countries for the period ranging from 1991 to 2012. Results show that competitiveness of automotive industry is positively related to economic performance, human capital development, urbanization and tariff rate while negatively affected by lending rate and carbon emission both in developed and developing nations of Asia. Findings of the study suggest that external factors should be given due consideration particularly lending rate, human capital development and tariff to improve the competitiveness of automotive industry. Automotive policies in developing countries should improve their human capital and encourage foreign investors with adequate protection to local industry.},
     year = {2015}
    }
    

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  • TY  - JOUR
    T1  - Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data
    AU  - Abdul Hannan
    AU  - Faheem Haider
    AU  - Nisar Ahmad
    AU  - Tahira Ishaq
    Y1  - 2015/03/18
    PY  - 2015
    N1  - https://doi.org/10.11648/j.ijebo.20150301.12
    DO  - 10.11648/j.ijebo.20150301.12
    T2  - International Journal of Economic Behavior and Organization
    JF  - International Journal of Economic Behavior and Organization
    JO  - International Journal of Economic Behavior and Organization
    SP  - 10
    EP  - 17
    PB  - Science Publishing Group
    SN  - 2328-7616
    UR  - https://doi.org/10.11648/j.ijebo.20150301.12
    AB  - The study is aimed to examine the impact of economic, social and environmental factors on the competitiveness of automotive industry. Competitiveness of industry is measured by the Revealed Comparative Advantage (RCA) Index. Fixed effect model is estimated by using the data of 14 Asian countries for the period ranging from 1991 to 2012. Results show that competitiveness of automotive industry is positively related to economic performance, human capital development, urbanization and tariff rate while negatively affected by lending rate and carbon emission both in developed and developing nations of Asia. Findings of the study suggest that external factors should be given due consideration particularly lending rate, human capital development and tariff to improve the competitiveness of automotive industry. Automotive policies in developing countries should improve their human capital and encourage foreign investors with adequate protection to local industry.
    VL  - 3
    IS  - 1
    ER  - 

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Author Information
  • Atlas Honda Limited, Sheikhupura, Pakistan

  • Atlas Honda Limited, Sheikhupura, Pakistan

  • Hailey College of Commerce, University of the Punjab, Lahore, Pakistan

  • Pakistan Institute of Development Economics, Islamabad, Pakistan

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