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Elias, Sanidas ; Kankesu, Jayanthakumaran. (2006) The Consequences of Trade Liberalisation on the Australian Passenger Motor Vehicle Industry.
In: Economics Working Papers. RePEc:uow:depec1:wp06-01.
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See below about organizational innovations and the inventories to sales ratio. The lean production system reduces this ratio over time because of increases in organizational efficiencies generated by this system (see Sanidas, 2004b; Sanidas, 2005, forthcoming). Producers who produce models which did not achieve production volumes of at least 30,000 units a year from 1989, are subject to penalty. This production volume is commonly known as the sanction volume rules. The penalty involved the withdrawal of eligibility for the 15% duty free imports. Empirical works in this regard reveal the general relationship among the above variables without adequately addressing the lag effects. We intend to determine the lag effects by using various econometric models in this study.
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