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When Protectionism Kills Talent / Mehmet I. Canayaz, Isil Erel, Umit G. Gurun.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Canayaz, Mehmet I.
Contributor:
National Bureau of Economic Research.
Erel, Isil.
Gurun, Umit G.
Series:
Working Paper Series (National Bureau of Economic Research) no. w32466.
NBER working paper series no. w32466
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2024.
Summary:
We examine the repercussions of protectionist policies implemented in the United States since 2018 on the composition of workforce and career choices within the semiconductor industry. We find that the shift towards protectionism, aimed at reviving domestic manufacturing and employment, paradoxically resulted in a significant drop in hiring domestic talent. The effect is stronger for entry-level and junior positions, indicating a disproportionate impact on newcomers to the workforce. Additionally, we trace the trajectories of undergraduate and graduate cohorts possessing chip-related skills over time, and document significant shifts away from the chip industry.
Notes:
Print version record
May 2024.

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