Explaining Thailand’s Automotive Manufacturing Success
This paper argues that the success of Thailand’s export-oriented automotive industry was based on three factors: first, the substantial public investment in productivity-raising port facilities and related infrastructure in the 1990s that constituted the Eastern Seaboard economic corridor; second, e...
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| Veröffentlicht in: | ASEAN economic bulletin 2018-12, Vol.35 (3), p.425-448 |
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| creator | Warr, Peter Kohpaiboon, Archanun |
| description | This paper argues that the success of Thailand’s export-oriented automotive industry was based on three factors: first, the substantial public investment in productivity-raising port facilities and related infrastructure in the 1990s that constituted the Eastern Seaboard economic corridor; second, exchange rate depreciation that accompanied the 1997–98 Asian Financial Crisis. Jointly, these two factors made manufacturing production for export more profitable. The third was a combination of two key policy changes adopted by the Thai government shortly after the Crisis and partly in response to it — removing restrictions on foreign ownership and abolition of local content requirements. |
| doi_str_mv | 10.1355/ae35-3g |
| format | Article |
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Jointly, these two factors made manufacturing production for export more profitable. The third was a combination of two key policy changes adopted by the Thai government shortly after the Crisis and partly in response to it — removing restrictions on foreign ownership and abolition of local content requirements.</description><identifier>ISSN: 2339-5095</identifier><identifier>EISSN: 2339-5206</identifier><identifier>DOI: 10.1355/ae35-3g</identifier><language>eng</language><publisher>Singapore: ISEAS – Yusof Ishak Institute</publisher><subject>Automobile industry ; Automobile production ; Automotive industry ; Business success ; Corporate taxes ; Costs ; Depreciation ; Development banks ; Domestic markets ; Economic crisis ; Economic development ; Economists ; Exports ; Foreign exchange rates ; Free trade ; Hypotheses ; Industrial development ; Infrastructure ; International trade ; Investments ; Management ; Manufacturers ; Manufacturing ; Motor car industry ; ORIGINAL RESEARCH ARTICLES ; Ownership ; Policy making ; Production ; Production management ; Productivity ; Success ; Tax rates ; Trade agreements ; Vehicles</subject><ispartof>ASEAN economic bulletin, 2018-12, Vol.35 (3), p.425-448</ispartof><rights>2018 ISEAS – Yusof Ishak Institute</rights><rights>Copyright © The Institute of Southeast Asian Studies.</rights><rights>COPYRIGHT 2018 Institute of Southeast Asian Studies (ISEAS)</rights><rights>Copyright ISEAS - Yusof Ishak Institute Dec 2018</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c660t-6a258a82624bc8121432aae77a51b78de2f085fb0a0ef5afd1af040ca4469a1a3</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/26545322$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/26545322$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,777,781,800,27847,27905,27906,57998,58231</link.rule.ids></links><search><creatorcontrib>Warr, Peter</creatorcontrib><creatorcontrib>Kohpaiboon, Archanun</creatorcontrib><creatorcontrib>John Crawford Professor of Agricultural Economics, Emeritus, Arndt-Corden Department of Economics, Crawford School of Public Policy, College of Asia and the Pacific, the Australian National University</creatorcontrib><title>Explaining Thailand’s Automotive Manufacturing Success</title><title>ASEAN economic bulletin</title><description>This paper argues that the success of Thailand’s export-oriented automotive industry was based on three factors: first, the substantial public investment in productivity-raising port facilities and related infrastructure in the 1990s that constituted the Eastern Seaboard economic corridor; second, exchange rate depreciation that accompanied the 1997–98 Asian Financial Crisis. Jointly, these two factors made manufacturing production for export more profitable. The third was a combination of two key policy changes adopted by the Thai government shortly after the Crisis and partly in response to it — removing restrictions on foreign ownership and abolition of local content requirements.</description><subject>Automobile industry</subject><subject>Automobile production</subject><subject>Automotive industry</subject><subject>Business success</subject><subject>Corporate taxes</subject><subject>Costs</subject><subject>Depreciation</subject><subject>Development banks</subject><subject>Domestic markets</subject><subject>Economic crisis</subject><subject>Economic development</subject><subject>Economists</subject><subject>Exports</subject><subject>Foreign exchange rates</subject><subject>Free trade</subject><subject>Hypotheses</subject><subject>Industrial development</subject><subject>Infrastructure</subject><subject>International trade</subject><subject>Investments</subject><subject>Management</subject><subject>Manufacturers</subject><subject>Manufacturing</subject><subject>Motor car industry</subject><subject>ORIGINAL RESEARCH ARTICLES</subject><subject>Ownership</subject><subject>Policy making</subject><subject>Production</subject><subject>Production management</subject><subject>Productivity</subject><subject>Success</subject><subject>Tax rates</subject><subject>Trade 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infrastructure in the 1990s that constituted the Eastern Seaboard economic corridor; second, exchange rate depreciation that accompanied the 1997–98 Asian Financial Crisis. 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| identifier | ISSN: 2339-5095 |
| ispartof | ASEAN economic bulletin, 2018-12, Vol.35 (3), p.425-448 |
| issn | 2339-5095 2339-5206 |
| language | eng |
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| source | PAIS Index; Business Source Complete; Jstor Complete Legacy |
| subjects | Automobile industry Automobile production Automotive industry Business success Corporate taxes Costs Depreciation Development banks Domestic markets Economic crisis Economic development Economists Exports Foreign exchange rates Free trade Hypotheses Industrial development Infrastructure International trade Investments Management Manufacturers Manufacturing Motor car industry ORIGINAL RESEARCH ARTICLES Ownership Policy making Production Production management Productivity Success Tax rates Trade agreements Vehicles |
| title | Explaining Thailand’s Automotive Manufacturing Success |
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