Abstract
The study analysis the overall causes of and requirements for adjustment in some 'older' industries in the FRG since 1960. It describes their efforts in rationalisation, restructuring of product lines and improving management. Furthermore, it raises the question under which conditions these efforts were successful and analyses the role of government intervention in the structural adjustment process. One group of 'older' industries (textiles, food and beverages) was considerably successful in restructuring its product lines and production processes. These branches are now keeping pace with the average growth of production and their investment returns no longer lag behind the rate of other (expanding) industries. Consequently the widespread illusion of 'product life-cycle' may be applicable at product level, but has no application at the level of firms or industry. A second group of industries (coal mining, iron and steel industries, ship building, clothing and leather industries, construction) threatened with closures or foreign competition were less successful in overcoming such difficulties. More protection was sought - under the conditions of slow economic growth and high unemployment rates in the late 70's - and was in most cases granted. This draws attention to a third group of industries (petroleum refineries, manufacture of fabricated metal
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Citation Formats
Halstrick, M.
Energy costs in European countries.
Germany: N. p.,
1984.
Web.
Halstrick, M.
Energy costs in European countries.
Germany.
Halstrick, M.
1984.
"Energy costs in European countries."
Germany.
@misc{etde_5768414,
title = {Energy costs in European countries}
author = {Halstrick, M}
abstractNote = {The study analysis the overall causes of and requirements for adjustment in some 'older' industries in the FRG since 1960. It describes their efforts in rationalisation, restructuring of product lines and improving management. Furthermore, it raises the question under which conditions these efforts were successful and analyses the role of government intervention in the structural adjustment process. One group of 'older' industries (textiles, food and beverages) was considerably successful in restructuring its product lines and production processes. These branches are now keeping pace with the average growth of production and their investment returns no longer lag behind the rate of other (expanding) industries. Consequently the widespread illusion of 'product life-cycle' may be applicable at product level, but has no application at the level of firms or industry. A second group of industries (coal mining, iron and steel industries, ship building, clothing and leather industries, construction) threatened with closures or foreign competition were less successful in overcoming such difficulties. More protection was sought - under the conditions of slow economic growth and high unemployment rates in the late 70's - and was in most cases granted. This draws attention to a third group of industries (petroleum refineries, manufacture of fabricated metal products and of wood and wood products) which did not suffer until the mid-70's. It remains to be seen, whether these industries will seek government protection or are prepared to go it alone. (orig./UA).}
journal = []
volume = {35}
journal type = {AC}
place = {Germany}
year = {1984}
month = {Jan}
}
title = {Energy costs in European countries}
author = {Halstrick, M}
abstractNote = {The study analysis the overall causes of and requirements for adjustment in some 'older' industries in the FRG since 1960. It describes their efforts in rationalisation, restructuring of product lines and improving management. Furthermore, it raises the question under which conditions these efforts were successful and analyses the role of government intervention in the structural adjustment process. One group of 'older' industries (textiles, food and beverages) was considerably successful in restructuring its product lines and production processes. These branches are now keeping pace with the average growth of production and their investment returns no longer lag behind the rate of other (expanding) industries. Consequently the widespread illusion of 'product life-cycle' may be applicable at product level, but has no application at the level of firms or industry. A second group of industries (coal mining, iron and steel industries, ship building, clothing and leather industries, construction) threatened with closures or foreign competition were less successful in overcoming such difficulties. More protection was sought - under the conditions of slow economic growth and high unemployment rates in the late 70's - and was in most cases granted. This draws attention to a third group of industries (petroleum refineries, manufacture of fabricated metal products and of wood and wood products) which did not suffer until the mid-70's. It remains to be seen, whether these industries will seek government protection or are prepared to go it alone. (orig./UA).}
journal = []
volume = {35}
journal type = {AC}
place = {Germany}
year = {1984}
month = {Jan}
}