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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25824 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w25824 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583496 |
推荐引用方式 GB/T 7714 | Christoph E. Boehm,Aaron Flaaen,Nitya Pandalai-Nayar. Multinationals, Offshoring and the Decline of U.S. Manufacturing. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25824.pdf(1278KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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