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Globalization And Structural Change In The US Manufacturing Sector, 1987-2010

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  • Christopher E.S. WARBURTON

Abstract

This paper investigates the impact of globalization on structural changes in the US manufacturing sector. It finds that US productivity in the manufacturing sector has increased, but that the performance of the sector is highly contingent on changes in US national income. Changes in manufacturing output responds adversely to shocks that are associated with US national income and manufacturing import, but the negative effect of the income shock on US manufacturing dominates and outlasts that of the manufacturing import shock. Empirical evidence also indicates a dual-causal relationship between national income changes and employment changes in the US manufacturing sector.

Suggested Citation

  • Christopher E.S. WARBURTON, 2012. "Globalization And Structural Change In The US Manufacturing Sector, 1987-2010," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 12(1).
    • Handle: RePEc:eaa:aeinde:v:12:y:2012:i:1_6
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    References listed on IDEAS

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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 38. Selected Readings on World Development in journal AEID: America, 2001-2020
      by MCG Blogs de Economía in Euro-American Association: World Development on 2020-01-17 20:24:00

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    Cited by:

    1. POPKOVA, Elena, 2014. "New Prospects Of Economic Growth In Context Of Underdevelopment Whirlpools Phenomena," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(1), pages 5-20.
    2. Christopher E.S. WARBURTON & Richard BOOSE, 2015. "Monetary Policy, Financial Risk Mitigation And Unemployment In The United States," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(2), pages 81-98.
    3. Christopher E.S. WARBURTON, 2017. "International Trade And Industrial Recovery In The Usa," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 17(1), pages 5-22.
    4. Hokmollahi , Yasaman & taiebnia , Ali & Souri , Ali, 2021. "Investigating the Effect of Structural Changes and Trade Liberalization on Total Factor Productivity in Iran (1991-2018)," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 16(1), pages 71-92, March.

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    More about this item

    Keywords

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    JEL classification:

    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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