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Integration Of Trade And Disintegration Of Production In The Global Economy

Listed author(s):
  • Robert Feenstra

    (Department of Economics, University of California Davis)

The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, as manufacturing or services activities done abroad are combined with those performed at home. I compare several different measures of foreign outsourcing, and argue that they have all increased since the 1970s. I also consider the implications of globalization for employment and wages of low-skilled workers, and for trade and regulatory policy, such as labor standards.

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File URL: http://wp.econ.ucdavis.edu/98-6.pdf
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Paper provided by University of California, Davis, Department of Economics in its series Working Papers with number 986.

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Length: 38
Date of creation: 09 Jan 2003
Handle: RePEc:cda:wpaper:98-6
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  9. Robert C. Feenstra & Gordon H. Hanson, "undated". "Productivity Measurement And The Impact Of Trade And Technology On Wages: Estimates For The U.S., 1972-1990," Department of Economics 97-17, California Davis - Department of Economics.
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  28. George J. Borjas & Valerie A. Ramey, 1995. "Foreign Competition, Market Power, and Wage Inequality," The Quarterly Journal of Economics, Oxford University Press, vol. 110(4), pages 1075-1110.
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