The competitiveness of U.S. manufacturing

We study the competitiveness of U.S. manufacturing. For the period 1999–2012 we find little support for a significant offshoring reversal. We show that the share of domestic demand that is met by imports and the terms of trade show no signs of reversal, even in sectors dominated by imports from China. We do, however, find some evidence consistent with the U.S. shale-gas energy revolution raising the competiveness of U.S. energy-intensive sectors.

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Year of publication:	2014-06-01
Authors:	Diez, Federico J. ; Gopinath, Gita
Institutions:	Federal Reserve Bank of Boston
Subject:	competitiveness \| U.S. manufacturing \| reshoring \| onshoring

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Extent:	application/pdf
Series:	Current Policy Perspectives.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Current Policy Perspectives Number 14-3 25 pages
Classification:	F41 - Open Economy Macroeconomics ; L60 - Industry Studies: Manufacturing. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010938788