The Restructuring of the Automobile Industry in the USA
R D Bingham and
K K Sunmonu
Environment and Planning A, 1992, vol. 24, issue 6, 833-852
Abstract:
In this paper, the changes in the US automobile industry which have occurred over the 1979–86 economic downturn and recovery are examined within the framework of Markusen's profit-cycle theory. When viewing the automobile indusltry as a whole, some of the findings support the profit-cycle theory and others do not. The theory is supported, however, within the context of two distinct automobile industries in the USA—one ‘Fordist’ and the other a Japanese ‘post-Fordist’ system. The Fordist system is entering the negative profit-cycle phase and the post-Fordist system is in the mature phase. The two systems have very different spatial configurations and are likely to have very different economic futures.
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:24:y:1992:i:6:p:833-852
DOI: 10.1068/a240833
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