RT Journal Article
T1 Decomposition and dynamics of unit labor costs in a context of international fragmentation of production: evidence from the german automotive sector
A1 Gracia Santos, Manuel Ignacio
A1 Montanya Revuelto, Miguel
A1 Paz Antolín, María José
AB Conventional analysis has sought to explain the determinants of price competitiveness by way of national factors, but given the current degree of international fragmentation of production, a more holistic perspective needs to be explored. This document develops a specific proposal that permits the indicator on vertically integrated unit labor costs (VIULCs) to be broken down into its fundamental components; also, the evolution of this indicator is explored for the German automotive sector, to determine which component might best elucidate the evolution of the VIULCs. The results show a decrease in VIULCs deriving from the German sector as well as from its suppliers, confirming the relevant effects of outsourcing and offshoring strategies. Moreover, wage restraint among suppliers coupled with productivity gains are found to explain the overall reduction in VIULCs.
PB Sage Journals
SN 0486-6134
SN 1552-8502
YR 2024
FD 2024-08-12
LK https://hdl.handle.net/20.500.14352/117210
UL https://hdl.handle.net/20.500.14352/117210
LA eng
NO Gracia Santos, M., Montanyá, M., & Paz, M. J. (2024). Decomposition and Dynamics of Unit Labor Costs in a Context of International Fragmentation of Production: Evidence from the German Automotive Sector. Review of Radical Political Economics, 56(4), 576-596. https://doi.org/10.1177/04866134241258292
DS Docta Complutense
RD 8 abr 2025