Abstract
Manufacturing is a very important economic sector in any economy, however there is a lack in a unified
methodology that would enable the establishment as to what extent manufacturing is involved in the processes of global integration. Manufacturing in small countries are even more dependent on global processes and therefore more vulnerable to global economic shocks. Statistical indicators and quantitative
methods are employed for estimating the scopes of globalisation. The vast majority of authors highlight
the causes and drivers of globalisation, but the quantitative indicators that reflect the level and impact of
globalisation are presented in the same context without revelation of any aspects of a cause and an effect.
The article aims to assess the scope and pace of globalisation in manufacturing industry and individual
manufacturing sectors applying the concept of cause and effect. For this purpose the multidimensional
manufacturing globalisation index is developed in the article. It is composed of several components reflecting the channels of the spread of globalisation. Before its practical application, the manufacturing
globalisation index can be modified to take into account the specific development trends in the manufacturing of a particular country
methodology that would enable the establishment as to what extent manufacturing is involved in the processes of global integration. Manufacturing in small countries are even more dependent on global processes and therefore more vulnerable to global economic shocks. Statistical indicators and quantitative
methods are employed for estimating the scopes of globalisation. The vast majority of authors highlight
the causes and drivers of globalisation, but the quantitative indicators that reflect the level and impact of
globalisation are presented in the same context without revelation of any aspects of a cause and an effect.
The article aims to assess the scope and pace of globalisation in manufacturing industry and individual
manufacturing sectors applying the concept of cause and effect. For this purpose the multidimensional
manufacturing globalisation index is developed in the article. It is composed of several components reflecting the channels of the spread of globalisation. Before its practical application, the manufacturing
globalisation index can be modified to take into account the specific development trends in the manufacturing of a particular country
| Original language | English |
|---|---|
| Pages | 101 |
| Publication status | Published - 2019 |
| Externally published | Yes |
| Event | 6th Academy of International Business Central Eastern European (AIB-CEE) Chapter Annual Conference: „International Business in the Dynamic Environment: Changes in Digitalization, Innovation and Entrepreneurship” - Kaunas University of Technology Santaka Valley, Kaunas, Lithuania Duration: 25 Sept 2019 → 27 Sept 2019 Conference number: 6 https://en.ktu.edu/events/6th-aib-cee-chapter-annual-conference/ |
Conference
| Conference | 6th Academy of International Business Central Eastern European (AIB-CEE) Chapter Annual Conference: „International Business in the Dynamic Environment: Changes in Digitalization, Innovation and Entrepreneurship” |
|---|---|
| Country/Territory | Lithuania |
| City | Kaunas |
| Period | 25/09/19 → 27/09/19 |
| Internet address |
Keywords*
- backlash of globalization
- development
- industrial policy
Field of Science*
- 5.2 Economy and Business
Publication Type*
- 3.4. Other publications in conference proceedings (including local)