The Policy Environment Influencing the Nickel-EV Value Chain : An Insitutional Approach

Date

6-2025

Degree

Bachelor of Science in Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Emmanuel Genesis Andal

Committee Member

Asa Jose U. Sajise, Gideon P. Carnaje, Maria Angeles O. Catelo

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Abstract

The study presents the institutional environment and legal framework surrounding the nickel-EV value chain and its effects on the global value chain (GVC). It does so using a systematic review of literature with a framework of institutional and transaction cost economics. The nickel-EV value chain was mapped from the extraction of raw materials and the manufacturing of EVs, to the recycling of batteries, using two distinct examples of electric vehicle manufacturers (EVMs) with contrasting value chain strategies. It was found that the policy measures surrounding the value chain concerning EVs affect firms’ strategies along each stage of the value chain, particularly whether to outsource certain components of the value chain, such as the battery, or produce them in-house. The effect of various policy measures on firms along the value chain were attributed to the transaction costs between each stage of the value chain and whether the policies successfully reduced the transaction costs or not. Also, the different factors that may affect firms’ decisions were discussed. The findings in the study may be used in policies that aim to develop local raw materials sectors and encourage global value chain participation.

Language

English

LC Subject

Electric vehicle industry, Renewable energy sources

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2025 E2 M43

Notes

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Document Type

Thesis

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