Intra-industry Trade, Product Fragment

Thailand's automotive industry has evolved from a small importsubstituting industry to a vibrant exporting one. It has contributed significantly and increasingly to the economy and intra-industry trade in Southeast Asia. The country also has experienced 'qualitative' change from simpl...

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Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Authors Patarapong INTERAKUMNERD, TECHAKANONT, Kriengkrai
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2015
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Summary:Thailand's automotive industry has evolved from a small importsubstituting industry to a vibrant exporting one. It has contributed significantly and increasingly to the economy and intra-industry trade in Southeast Asia. The country also has experienced 'qualitative' change from simple production to technologically sophisticated activities. The evidence amassed illustrates that firm strategy and collaboration with other actors in the national innovation system were the most important drivers of technological upgrading in the industry. Local automotive part suppliers in particular had to become 'active' learners by collaborating with other partners beyond their own multinational buyers to compete in export markets.