"In the 1970s, the economic and social foundations of Western Europe underwent an unprecedented transformation. Old industries like coal and steel disappeared, millions of people lost their jobs and formerly flourishing towns and cities went into decline. Traditional political agendas gave way...

The development of production, prices and employment in the EU electrical industry between the mid-1970s and the mid-1990s is analysed in order to test the hypothesis that the competitive pressure from low-income countries has led to the observed decline of the employment share of low-skilled...