IDEAS home Printed from https://ideas.repec.org/p/aei/rpaper/49881.html

The Politics and Economics of Offshore Outsourcing

Author

Listed:
  • Phillip Swagel
  • N. Gregory Mankiw

    (American Enterprise Institute)

Abstract

This paper reviews the political uproar over offshore outsourcing connected with the release of the Economic Report of the President (ERP) in February 2004, examines the differing ways in which economists and non-economists talk about offshore outsourcing, and assesses the empirical evidence on the importance of offshore outsourcing in accounting for the weak labor market from 2001 to 2004. Even with important gaps in the data, the empirical literature is able to conclude that offshore outsourcing is unlikely to have accounted for a meaningful part of the job losses in the recent downturn or contributed much to the slow labor market rebound. The empirical evidence to date, while still tentative, actually suggests that increased employment in the overseas affiliates of U. S. multinationals is associated with more employment in the U. S. parent rather than less.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Phillip Swagel & N. Gregory Mankiw, 2005. "The Politics and Economics of Offshore Outsourcing," AEI Economics Working Papers 49881, American Enterprise Institute.
    • Handle: RePEc:aei:rpaper:49881
    as

    Download full text from publisher

    File URL: http://www.aei.org/publication/the-politics-and-economics-of-offshore-outsourcing
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    ;
    ;

    JEL classification:

    • F - International Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aei:rpaper:49881. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dave Adams, CIO (email available below). General contact details of provider: https://edirc.repec.org/data/aeiiius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.