Tracing The Impacts Of Rare Earth Element Shocks On High-Tech Industry Performance And Relocation
- Conference Paper
Rights / licenseIn Copyright - Non-Commercial Use Permitted
This paper investigates the effect of rare earth element (REE) price shocks on high-tech industry performance and relocation. For this, methods of time series econometrics are employed to analyse data from the first REE crisis 2010-2012. We focus on the high-tech industries of the US, China and Japan. Evidence is presented for adverse effects in the US high-tech industry, positive effects in the Chinese high-tech industry and resource shock driven foreign direct investment into China. These findings suggests REE resource driven and efficiency seeking relocations of high-tech operations to China. Show more
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SubjectGlobal Operations; Rare Earth Elements; Production Relocation
Organisational unit09501 - Netland, Torbjörn H. / Netland, Torbjörn H.
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