Motor vehicles are prominent among the flows of exports and/or imports for Canada, Germany, Japan, and the United States, and these trade flows are heavily influenced by the basic relative competitiveness of the production processes for automotive manufacturing. In this book the authors analyze the factors that contributed to the comparative cost competitiviness of the four countries' auto industries over the period 1961-1984 and disentangle the factors contributing to the Japanese cost and efficiency advantages. The authors provide estimates of comparative costs of automobile production (both short-run and long-run) and the sources of these cost differences, based on the econometric cost function methodology. An innovation is the careful treatment of capacity utilization, one of the most important sources of short-run cost and efficiency differences. This methodology is also used effectively in an analysis of the Canada-U.S. Auto Pact, a unique experiment in trade liberalization. Previous estimates of cost and efficiency differences using the plant inspection and comparison of company financial reports methodologies are also evaluated.
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ... CHAPTER II FIRST IMPRESSIONS The first month and all the early days of my prison life rise vividly before my imagination now. My other prison years flit far more dimly through my memory. Some seem to have sunk completely into the background, to have melted together, leaving only one collective impression--oppressive, monotonous, suffocating. But all I went through during my first days in Siberia is as vivid to me now as though it had happened yesterday. And this is bound to be so. I remember clearly that from the first step what struck me most in this life was that I found in it nothing striking, nothing exceptional or, rather, nothing unexpected. It seemed as though I had had glimpses of it in my imagination when, on my way to Siberia, I tried to conjecture what lay in store for me. But soon I began to find a mass of the strangest surprises, the most monstrous facts awaiting me at every step. And it was only later, after I had been some time in the prison, that I realized fully the exceptional, the surprising nature of such an existence, and I marvelled at it more and more. I must confess that this wonder did not leave me throughout the long years of my imprisonment; I never could get used to it. My first impression on entering the prison was most revolting, and yet strange to say it seemed to me that life in prison was much easier than on the journey I had fancied it would be. Though the prisoners wore fetters, they walked freely about the prison, swore, sang songs, did work on their own account, smoked, even drank vodka (though very few of them) and at night some of them played cards. The labour, for instance, seemed to me by no means so hard, so penal, and only long afterwards I realized that the hardness, the penal character of the...
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