 Relocation in conditions of uncertainty: the Spanish automobile components industry during the economic crisis (2008-2012)MPRA Paper from University Library of Munich, Germany Abstract: This paper analyses production relocation patterns in conditions of uncertainty. Analysis of the Spanish automobile components industry during the recent economic global crisis shows that the number of relocations was comparatively lower than in the period before the crisis. Uncertainty weighs more than the advantages derived from the operational flexibility of multinationals in relocation decisions. The main drivers of relocation in the sector are the search for lower labour costs and corporate restructuring. When there is uncertainty, these are conditioned by relocation costs and the risks inherent in such processes. The main implication of the research is that it helps identify the vulnerability of a region in relocation processes. This is key for defining public policies to prevent relocation and avoid its impact on regions that have traditionally suffered such processes. Keywords: Production relocation; location theory; automotive industry; economic crisis; uncertainty (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:92738 Access Statistics for this paper More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.