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来源类型Working Paper
规范类型报告
DOI10.3386/w25824
来源IDWorking Paper 25824
Multinationals, Offshoring and the Decline of U.S. Manufacturing
Christoph E. Boehm; Aaron Flaaen; Nitya Pandalai-Nayar
发表日期2019-05-13
出版年2019
语种英语
摘要We provide new facts about the role of multinationals in the decline in U.S. manufacturing employment between 1993-2011, using a novel microdata panel with firm-level ownership and trade information. Multinational-owned establishments displayed lower employment growth than a narrow control group and accounted for 41% of the aggregate manufacturing employment decline. Further, newly multinational establishments in the U.S. experienced job losses, while their parent firms increased input imports from abroad. We develop a model that rationalizes this behavior and bound a key elasticity with our microdata. The estimates imply that a reduction in the costs of foreign sourcing leads firms to increase imports of intermediates and to reduce U.S. manufacturing employment. Our findings suggest that offshoring by multinationals was a key driver of the observed decline in manufacturing employment.
主题International Economics ; Trade ; International Factor Mobility ; International Macroeconomics ; Globalization and International Relations
URLhttps://www.nber.org/papers/w25824
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/583496
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Christoph E. Boehm,Aaron Flaaen,Nitya Pandalai-Nayar. Multinationals, Offshoring and the Decline of U.S. Manufacturing. 2019.
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