'Tertiarization' of manufacturing industry in the new economy - experiences in Hungarian companies

Andrea Szalavetz ()
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Andrea Szalavetz: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences

No 134, IWE Working Papers from Institute for World Economics - Centre for Economic and Regional Studies

Abstract: The first chapter describes the conceptual basis behind the tertiarization of manufacturing. The paper then goes on to develop some predictions about the changes in the structure of international trade in services, resulting from the tertiarization process. It analyses some methodological difficulties with statistics on international trade in services – difficulties in quantifying the volume and value of intra-firm services. The next chapter recounts the findings of a field survey taken in 2002. Ten engineering subsidiaries of large multinational corporations (MNCs) in Hungary were examined for signs of integration of service activities into their manufacturing. The survey looked into the way the activity portfolio of the ten firms had diversified and into the implications of this process for their profitability.

Keywords: Hungarian companies; manufacturing; tertiarization; international trade; MNCs; profitability (search for similar items in EconPapers)
Pages: 12 pages
Date: 2003-03
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:iwe:workpr:134

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