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Impact of the Economic Downturn on the Geography of Vehicle Production in Europe and North America
Submitted by Thomas Klier, Federal Reserve Bank of Chicago on Wed, 02/29/2012 - 23:29
Publication Type:
Conference PaperSource:
Gerpisa colloquium, Krakow (2012)Keywords:
adjustment of production, downturn, Europe, North America, spatial patternAbstract:
The sharp economic downturn of 2008/2009 resulted in substantial declines in light vehicle sales and production in Europe and North America. This paper utilizes detailed plant-level production data for North America and Europe to investigate how the recession impacted the footprint of vehicle production in both regions.
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