Economics and Business Week
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Economics
Reports summarize economics research from Franklin & Marshall College
July 14th, 2008
"Examining the US manufacturing sector, we focus on the potential employment effects of shifts in import sources from relatively high- to low-income nations," scientists writing in the journal Open Economies Review report. "Data for 384 6-digit NAICS US manufacturing industries that span the years 1972-2001 are utilized. Increased import penetration is found to reduce both production and non-production employment; however, such job loss is countered by export-led job creation," wrote R. White and colleagues, Franklin & Marshall College. The researchers concluded: "Extending the literature, we report that reallocation of import sources from high- to...
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Source: Economics and Business Week (2008-07-14)
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