Evaluating Estimates of Materials Offshoring from U.S. Manufacturing

Evaluating Estimates of Materials Offshoring from U.S. Manufacturing PDF Author: Robert C. Feenstra
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 22

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Book Description
When materials offshoring is measured by estimating imported intermediate inputs, a common assumption used is that an industry's imports of each input, relative to its total demand, is the same as the economy-wide imports relative to total demand: this is the so-called 'import comparability' or 'proportionality' assumption. A report to the National Research Council identified this assumption as being a significant limitation of current data collection and analysis. In this note we move beyond this assumption to obtain a direct measure of imported materials by industry for the United States in 1997. At the 3-digit I-O industry level, there is a correlation of 0.68 between the offshoring shares made with and without the proportionality assumption, and a higher correlation of 0.87 when the shares are value weighted. While most value-weighted industry have differences below 50 percentage points in the two estimates, there is significant number of cases that differ by 10 percentage points or more -- National Bureau of Economic Research web site.

Evaluating Estimates of Materials Offshoring from U.S. Manufacturing

Evaluating Estimates of Materials Offshoring from U.S. Manufacturing PDF Author: Robert C. Feenstra
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 22

Get Book Here

Book Description
When materials offshoring is measured by estimating imported intermediate inputs, a common assumption used is that an industry's imports of each input, relative to its total demand, is the same as the economy-wide imports relative to total demand: this is the so-called 'import comparability' or 'proportionality' assumption. A report to the National Research Council identified this assumption as being a significant limitation of current data collection and analysis. In this note we move beyond this assumption to obtain a direct measure of imported materials by industry for the United States in 1997. At the 3-digit I-O industry level, there is a correlation of 0.68 between the offshoring shares made with and without the proportionality assumption, and a higher correlation of 0.87 when the shares are value weighted. While most value-weighted industry have differences below 50 percentage points in the two estimates, there is significant number of cases that differ by 10 percentage points or more -- National Bureau of Economic Research web site.

Evaluating Estimates of Materials Offshoring from U.S. Manufacturing

Evaluating Estimates of Materials Offshoring from U.S. Manufacturing PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


OffShoring Bias in U.S. Manufacturing: Implications for Productivity and Value Added

OffShoring Bias in U.S. Manufacturing: Implications for Productivity and Value Added PDF Author:
Publisher: DIANE Publishing
ISBN: 1437941621
Category :
Languages : en
Pages : 94

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Survey of Current Business

Survey of Current Business PDF Author:
Publisher:
ISBN:
Category : Commercial statistics
Languages : en
Pages : 116

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Book Description


The Oxford Handbook of Offshoring and Global Employment

The Oxford Handbook of Offshoring and Global Employment PDF Author: Ashok Bardhan
Publisher: Oxford University Press
ISBN: 0199324050
Category : Business & Economics
Languages : en
Pages : 696

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Book Description
The Oxford Handbook of Offshoring and Global Employment deals with a key issue of our time: How do globalization, economic growth and technological developments interact to impact employment? The book brings together eminent authors from a wide range of countries around the world, drawing on their diverse academic and policymaking backgrounds, and specific national or regional settings to assess how global economic changes have affected employment opportunities. The book is unique in a number of ways - It has a global reach, presenting analyses and viewpoints from both developed and developing countries, from all continents; its timing and context is particularly instructive, since most papers are located in the aftermath of the global financial crisis; and it addresses a wide range of questions-How do different types of offshoring and global linkages impact employment? How is the skill mix of the labor force impacted by globalization? How do institutional structures and regulations influence the outcome of globalization in developed and developing countries? Individual chapters analyze how the impact of global linkages on national economies is mediated through a number of structural aspects of the economy - its institutional and industrial structure, its resource base, its predominant firm type, its comparative advantage, and its regulatory practices. The chapters in the book cover both manufacturing and services sectors, and many chapters also address policy issues regarding innovation and job creation.

Public Economics in the United States

Public Economics in the United States PDF Author: Steven Payson
Publisher: Bloomsbury Publishing USA
ISBN: 0313396345
Category : Business & Economics
Languages : en
Pages : 1266

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Book Description
This comprehensive explanation of the U.S. government's role in economics will be an eye-opener for anyone who wants to understand exactly what the government does—and doesn't do—in this most critical area. Most people, including many economists, are not aware of the great variety of crucial tasks and invaluable analyses undertaken by government economists. This three-volume set will fill that gap with an all-encompassing overview of the major economics-related work the government performs across all of its agencies and offices. With 45 chapters written by 61 leading experts, the work covers every major topic in government economics, including such diverse areas as monetary policy, defense spending, social assistance, international trade, antitrust, and environmental protection. In addition to entries by those who teach economics, the compendium also features candid observations from government insiders to help readers grasp how things really work. But readers will not only gain insight into specific fields and topics, they will also be able to better understand the big picture and how its pieces fit together. This unique and far-reaching set often challenges conventional wisdom even as it presents a novel synthesis of the government's research, analysis—and actions.

Valuing Services in Trade

Valuing Services in Trade PDF Author: Sebastian Saez
Publisher: World Bank Publications
ISBN: 1464801568
Category : Business & Economics
Languages : en
Pages : 171

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Book Description
This Toolkit provides a framework, guidelines, and set of practical tools to conduct an analysis and diagnostic of trade competitiveness in the services sector and to identify both the main constraints to improved competitiveness and the appropriate policy responses.

Measuring Globalization

Measuring Globalization PDF Author: Susan N. Houseman
Publisher: W.E. Upjohn Institute
ISBN: 0880994886
Category : Political Science
Languages : en
Pages : 712

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Book Description
Understanding the impacts of globalization requires good data, and national statistical systems were not designed to measure many of the transactions occurring in today’s global economy. The chapters in this two-volume set identify biases and gaps in national statistics, examine the magnitude of the problems they pose, and propose solutions to address significant biases and fill key data gaps.

The Indonesian Economy

The Indonesian Economy PDF Author: Lili Yan Ing
Publisher: Routledge
ISBN: 1351666886
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
Against the backdrop of growing anti-globalisation sentiments and increasing fragmentation of the production process across countries, this book addresses how the Indonesian economy should respond and how Indonesia should shape its trade and industrial policies in this new world trade environment. The book introduces evaluation not on tariffs but on new trade instruments such as non-tariff measures (SPS, TBT, export measures and beyond border measures), and looks at industrial policies from a broader perspective such as investment, accessing inputs, labour, services, research and innovation policies. “The Open Access version of this book, available at http://www.taylorfrancis.com/books/10.4324/9781315161976, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.”

Advanced International Trade

Advanced International Trade PDF Author: Robert C. Feenstra
Publisher: Princeton University Press
ISBN: 1400873762
Category : Business & Economics
Languages : en
Pages : 496

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Book Description
Trade is a cornerstone concept in economics worldwide. This updated second edition of the essential graduate textbook in international trade brings readers to the forefront of knowledge in the field and prepares students to undertake their own research. In Advanced International Trade, Robert Feenstra integrates the most current theoretical approaches with empirical evidence, and these materials are supplemented in each chapter by theoretical and empirical exercises. Feenstra explores a wealth of material, such as the Ricardian and Heckscher-Ohlin models, extensions to many goods and factors, and the role of tariffs, quotas, and other trade policies. He examines imperfect competition, offshoring, political economy, multinationals, endogenous growth, the gravity equation, and the organization of the firm in international trade. Feenstra also includes a new chapter on monopolistic competition with heterogeneous firms, with many applications of that model. In addition to known results, the book looks at some particularly important unpublished results by various authors. Two appendices draw on index numbers and discrete choice models to describe methods applicable to research problems in international trade. Completely revised with the latest developments and brand-new materials, Advanced International Trade is a classic textbook that will be used widely by students and practitioners of economics for a long time to come. Updated second edition of the essential graduate textbook Current approaches and a new chapter on monopolistic competition with heterogeneous firms Supplementary materials in each chapter Theoretical and empirical exercises Two appendices describe methods for international trade research