Global Outsourcing of Human Capital and the Incidence of Unemployment in the United States
AbstractThe study is the first to examine empirically the impact of the new wave of global job outsourcing on skill-specific patterns of involuntary unemployment in the U.S. using the latest individual-level data. The estimates from a probit model show that, so far, global human-capital outsourcing has not shifted the risk of unemployment from lower-skilled to higher-skilled American workers. Overall, the probability of involuntary unemployment is negatively related with the worker’s level of education. For the outsourceable occupations, however, high-skilled workers are currently at a greater risk of unemployment than those with lower skills.
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Bibliographic InfoArticle provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.
Volume (Year): 4 (2004)
Issue (Month): 3 ()
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Feenstra, Robert C & Hanson, Gordon H, 1996.
"Globalization, Outsourcing, and Wage Inequality,"
American Economic Review,
American Economic Association, vol. 86(2), pages 240-45, May.
- Ingo Geishecker & Holger Görg, 2003.
"Winners and Losers: Fragmentation, Trade and Wages Revisited,"
Discussion Papers of DIW Berlin
385, DIW Berlin, German Institute for Economic Research.
- Geishecker, Ingo & Görg, Holger, 2004. "Winners and Losers: Fragmentation, Trade and Wages Revisited," IZA Discussion Papers 982, Institute for the Study of Labor (IZA).
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