earticle

영어

In 2016, Chinese automobile production amounted to 28.12 million units, maintaining the proportion of global production expanded to 29.5%. At this point, in order to develop the automobile parts industry into a sustainable growth engine of China in the future, it is necessary to verify whether the automobile parts industry has the potential of basic technology and scale. The purpose of this study is to analyze the efficiency of the auto parts industry and the change of total productivity over time in order to analyze the potential as a growth engine of the auto parts industry. The main results obtained from the analysisare summarized as follows. First, using the data of 47 publicly traded companies that produce automobile parts included in East China Economic Region, we obtained efficiency and scale profitability from 2011 to 2016. As a result, we found that BCC efficiency of Shenhua Holdings appeared to be 1. The efficiency of the rest of the companies was analyzed by the IRS in terms of the scale effect of all companies, which is the main reason for the inefficiency of resource allocation related to net technological inefficiency. As a result of estimating the economies of scale for the auto parts companies by the 5 major economic regions in China for the total of 6 years (2011-2016), DRS was strong only in eastern and southern economies. In most of the rest of the region, it was expected that profitability would increase through the increase of scale. In addition, as a result of the total productivity change of the auto parts industry by the 5 major economic regions of China over the period of 2011-2016, the economic power of the North China shows a trend of declining total productivity due to the insufficient innovation potential in 2013. Conversely, in the Northeast and East Asian economies, efficiency increases reflecting the impact of learning and knowledge, market competitiveness, cost structure, and facility utilization rate have been increasing since 2013. According tothe above-mentioned analysis results, it is expected that it will help solve the problems of China's auto parts makers and present policy direction. Especially, Chinese auto parts makers are evaluated as having small size, low concentration, and lack of development capability despite the increase in the number of companies. Therefore, it is necessary to convert a large number of automotive parts companies into a small number of competitive global companies through selective support and mergers and acquisitions.