New Perspectives on the Decline of US Manufacturing Employment | Zendy

Teresa Fort | Zendy; Justin R. Pierce | Zendy; Peter K. Schott | Zendy

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New Perspectives on the Decline of US Manufacturing Employment

Author(s) -

Teresa Fort,

Justin R. Pierce,

Peter K. Schott

Publication year - 2018

Publication title -

the journal of economic perspectives

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 9.614

H-Index - 196

eISSN - 1944-7965

pISSN - 0895-3309

DOI - 10.1257/jep.32.2.47

Subject(s) - microdata (statistics) , yield (engineering) , business , economics , economic geography , labour economics , demographic economics , sociology , census , population , materials science , demography , metallurgy

We use relatively unexplored dimensions of US microdata to examine how US manufacturing employment has evolved across industries, firms, establishments, and regions. These data provide support for both trade- and technology-based explanations of the overall decline of employment over this period, while also highlighting the difficulties of estimating an overall contribution for each mechanism. Toward that end, we discuss how more careful analysis of these trends might yield sharper insights.

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