Offshoring And The State Of American Manufacturing
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Author | : Susan N. Houseman |
Publisher | : |
Total Pages | : 29 |
Release | : 2010 |
Genre | : Labor productivity |
ISBN | : |
The rapid growth of offshoring has sparked a contentious debate over its impact on the U.S. manufacturing sector, which has recorded steep employment declines yet strong output growth -- a fact reconciled by the notable gains in manufacturing productivity. We maintain, however, that the dramatic acceleration of imports from developing countries has imparted a significant bias to the official statistics. In particular, the price declines associated with the shift to low-cost foreign suppliers generally are not captured in input cost and import price indexes. To assess the implications of offshoring bias for manufacturing productivity and value added, we implement the bias correction developed by Diewert and Nakamura (2009) to the input price index in a growth accounting framework, using a variety of assumptions about the magnitude of the discounts from offshoring. We find that from 1997 to 2007 average annual multifactor productivity growth in manufacturing was overstated by 0.1 to 0.2 percentage point and real value added growth by 0.2 to 0.5 percentage point. Furthermore, although the bias from offshoring represents a relatively small share of real value added growth in the computer and electronic products industry, it may have accounted for a fifth to a half of the growth in real value added in the rest of manufacturing.
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 94 |
Release | : |
Genre | : |
ISBN | : 1437941621 |
Author | : Ron Hira |
Publisher | : Amacom Books |
Total Pages | : 268 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780814408681 |
"Outsourcing has indeed become a crisis, but not because it is inherently bad - it is both good and bad. The key - and the imperative - is to maximize its benefits while mitigating its many negative consequences. Outsourcing America provides the necessary steps to confront this snowballing challenge and bring more high-paying jobs back to the U.S."--Jacket.
Author | : Tim Hutzel |
Publisher | : CRC Press |
Total Pages | : 250 |
Release | : 2014-06-12 |
Genre | : Business & Economics |
ISBN | : 1466557567 |
A follow-up to Tim Hutzel's previous book, Keeping Your Business in the USA: Profit Globally While Operating Locally, this book tells the stories of companies that have sent their jobs outside of the USA and the negative effects this had on the quality of their products and services, employees, supply chain providers, and consumers. Bringing Jobs Back to the USA: Rebuilding America's Manufacturing Through Reshoring reveals the motivation these companies had to offshore their jobs as well as the errors of omission they made by not understanding the true cost of offshoring. Exposing the true cost of offshoring to US organizations and citizens, it supplies concrete suggestions to help government officials and activists prevent offshoring and incentivize reshoring. The book provides food for thought for businesses currently thinking about sending US jobs to foreign countries. Outlining a roadmap for reshoring using a step-by-step methodology, it provides business leaders with the understanding to make the right decisions regarding reshoring their products back to America.
Author | : Michele NashHoff |
Publisher | : Garrett County Press |
Total Pages | : 460 |
Release | : 2012-12-15 |
Genre | : Business & Economics |
ISBN | : 0966646916 |
This book details how manufacturing developed in America through the industrial revolution and labor movement, analyzes the impact of outsourcing offshore and our nation’s trade policies, looks at what various organizations are doing to try to help save American manufacturing, and what we can do as individuals from the perspective of business owners, employees, consumers, and voters to save American manufacturing. Author Michele NashHoff argues that we will not be able to save American manufacturing unless we develop a national manufacturing strategy and change our trade policies. She supports a “Buy American” policy, recommends preventing the sale of strategic U.S.owned companies to foreign companies, and enacting legislation to prevent corporations from avoiding income taxes by incorporating in a foreign country. The 2012 edition also describes the "Reshoring Initiative" and considers the reasons why companies are returning manufacturing back to America from Asia.
Author | : Michael Dolega |
Publisher | : |
Total Pages | : 13 |
Release | : 2012 |
Genre | : Competition |
ISBN | : |
Author | : Lionel Fontagné |
Publisher | : Oxford University Press |
Total Pages | : 383 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 019877916X |
An economic analysis of de-industrialization that considers the ongoing transformation of the industrial economies and the consequences for economic policy.
Author | : Richard McCormack |
Publisher | : |
Total Pages | : 332 |
Release | : 2009 |
Genre | : Globalization |
ISBN | : 9780615288192 |
Author | : Stephen S. Cohen |
Publisher | : New York : Basic Books |
Total Pages | : 328 |
Release | : 1987-06-03 |
Genre | : Business & Economics |
ISBN | : |
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 127 |
Release | : 1992-02-01 |
Genre | : Technology & Engineering |
ISBN | : 0309046769 |
Conventional wisdom holds that high wages, high capital costs, and worker inflexibility have cost America its ability to compete in the world manufacturing marketplace. This book demonstrates that U.S.-based manufacturing can compete in terms of quality, product features, and timely deliveryâ€"the real measures of competitiveness in the 1990s. The committee identifies attributes that attract manufacturers to given locations and assesses the attractiveness of the United States as a location for different kinds of manufacturing. The volume dispels myths that have guided management decision making in the past and offers recommendations to promote the United States as a manufacturing site. The volume discusses new approaches to understanding and controlling costs. With case studies from three important industriesâ€"consumer electronics, semiconductors, and automobilesâ€"the book explores factors in site location decisions, highlighting advantages the United States can offer as a manufacturing site over low-cost rivals.