An Analysis of the Dimensions of Productivity of the U. S. Automobile Industry and Some Explanations (Classic Reprint)

Zenon S. Zannetos

ISBN 10: 0331690543 / ISBN 13: 9780331690545

Published by Forgotten Books, 2017

About this Item

Seller Inventory # 394111927

Bibliographic Details

• Title: An Analysis of the Dimensions of Productivity of the U. S. Automobile Industry and Some Explanations (Classic Reprint)
• Publisher: Forgotten Books
• Publication Date: 2017
• Language: English
• ISBN 10: 0331690543
• ISBN 13: 9780331690545
• Binding: Hardcover
• Condition: New

About this title

Synopsis

Excerpt from An Analysis of the Dimensions of Productivity of the U. S. Automobile Industry and Some Explanations

Besides the conventional measure of vertical integration shown in Figure we present in Figure an alternative measure of vertical integration, namely value added to cost of goods sold over cost of goods sold. The value added over sales measure of vertical integration includes market power aberrations reflected in sales, which tne latter measure avaios. We observe in Figure l(c,d) that the degree of vertical integration for General flotors has declined significantly from 1951 and for Ferd from 1950 onwards. Since bath firms kept increasing their ourenasea naterials from vendors, we may h/pothesize that the industry experienced 1nc-aseo complexity of operations and/or higher aages.

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