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Service Offshoring, Productivity, and Employment : Evidence from the United States / Mary Amiti, Shang-Jin Wei.

IMF eLibrary Available online

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Format:
Book
Government document
Author/Creator:
Amiti, Mary.
Contributor:
Wei, Shang-Jin.
International Monetary Fund. Research Department.
Series:
IMF Working Papers; Working Paper ; No. 2005/238
IMF Working Papers
Language:
English
Subjects (All):
Contracting out--United States.
Contracting out.
Globalization--Econometric models.
Globalization.
Production (Economic theory).
Employment (Economic theory).
Physical Description:
1 online resource (39 p.)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2005.
Language Note:
English
Summary:
This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller accounting for approximately 5 percent of productivity growth. There is a small negative effect of less than half a percent on employment when industries are finely disaggregated (450 manufacturing industries). However, this affect disappears at more aggregate industry level of 96 industries indicating that there is sufficient growth in demand in other industries within these broadly defined classifications to offset any negative effects.
Contents:
""Contents""; ""I. INTRODUCTION""; ""II. MODEL AND ESTIMATING FRAMEWORK""; ""III. DATA AND MEASUREMENT OF OFFSHORING""; ""IV. RESULTS""; ""V. CONCLUSIONS""; ""REFERENCES""
Notes:
"December 2005."
Includes bibliographical references (p. 34-37).
Description based on print version record.
ISBN:
9786613828101
9781462321568
1462321569
9781452776392
1452776393
9781283515658
1283515652
9781451907933
1451907931

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