Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data

Abdul Hannan, Faheem Haider, Nisar Ahmad and Tahira Ishaq
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Abdul Hannan: Atlas Honda Limited, 26-27Km. LHR-SKP Road, Sheikhupura, Pakistan
Faheem Haider: Atlas Honda Limited, 26-27Km. LHR-SKP Road, Sheikhupura, Pakistan
Nisar Ahmad: Hailey College of Commerce, University of the Punjab, Lahore, Pakistan
Tahira Ishaq: Staff Economist, Pakistan Institute of Development Economics, Islamabad, Pakistan

Bulletin of Energy Economics (BEE), 2015, vol. 3, issue 4, 194-202

Abstract: The study examines the impact of economic, social and environmental factors on the competitiveness of automotive industry. Competitiveness of industry is measured by the Revealed Comparative Advantage (RCA) Index and fixed effect model is estimated by using the data of 14 Asian countries for the period ranging from 1991 to 2012. Results showed that competitiveness of automotive industry is positively related to economic performance, human capital development, urbanization and tariff rate while negatively affected by lending rate and carbon emission. Findings of the study suggest that external factors should be given due consideration particularly lending rate, human capital development and tariff to improve the competitiveness of automotive industry.

Keywords: Competitiveness; Automotive Industry; Economic Growth; Human capital Tariff (search for similar items in EconPapers)
JEL-codes: L52 (search for similar items in EconPapers)
Date: 2015
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