The basic concept of “an Open Industry Framework” is proposed. Current industry framework is closed and industries are making their efforts to produce best quality products in their own particular field. This is because current industries developed on the basis of their inventions. But quickly increasing diversification and frequent and extensive changes are calling for an open framework. In th...

Using data from 11 manufacturing industries in 17 OECD countries, this paper empirically investigates the determinants of cross-country differences in the persistence of productivity differentials. Specifically, the paper focuses on the effects of product market structure and technology diffusion. It is found that the manufacturing industries display a wide range of convergence rates. Consisten...

Using data from 11 manufacturing industries in 17 OECD countries, this paper empirically investigates the determinants of cross-country differences in the persistence of productivity differentials. Specifically, the paper focuses on the effects of product market structure and technology diffusion. It is found that the manufacturing industries display a wide range of convergence rates. Consisten...

We analyze a panel of 230 Canadian manufacturing industries to investigate whether trade liberalization promotes efficiency through increased scale. During the six years following the Free Trade Agreement with the United States, Canadian manufacturing exhibited substantial rationalization – a decline in the number of plants accompanied by increases in output per plant. We find that the bilatera...

The electronics and semiconductor industries rely heavily on failure and defect analysis to maximize productivity and minimize expensive downtime. As technology improves, manufactured devices get smaller and the processes used to make them become more intricate. Costly downtime associated with the presence of particulate and chemical contamination becomes more critical to a successful manufactu...

Agglomeration Economies, or production cost savings due to geographic clustering of firms and industries, can enhance the growth and development of firms, industries, regions and cities. We provide an overview of the theory and empirical literature of agglomeration, and highlight several applications from the cost function perspective. These applications include cost savings from density in the...

This volume examines collective bargaining in eight major industries: airlines, automobile manufacturing, health care, hotels and casinos, newspaper publishing, professional sports, telecommunications, and trucking. The book examines how these industries have responded to globalization, increasing management antipathy toward unions and the declining effectiveness of strikes. The authors trace t...

T his paper investigates the gain of bilateral trade between China and U.S. in manufacturing sectors when both countries play a role in asymmetric (biased) growth of  international trade. Our model includes a special case of Biased Growth Theory in international trade. We collected labor productivity, export and import data by using classification of manufacturing industries, for U.S...

This study investigates the practice of manufacturing flexibility in small and medium sized firms. Using the data collected from 87 firms from machinery and machine tool industries in Taiwan, we analyzed and prescribed the alignment of various manufacturing flexibility dimensions with business strategies. Several practical approaches to developing manufacturing flexibility in small and medium s...

Elasticity of interfuel substitution between renewable and non-renewable energy is a key to establish effective climate change policy.This is the first study estimating the elasticity of substitution between different fossil fuels and renewable resources. We use twelve manufacturing industry level data for the OECD countries over 1995 to 2009. We find complementally relationship from non-renewa...