The rapid growth of offshoring has sparked a contentious debate over its impact on the U.S. manufacturing sector, which has recorded steep employment declines yet strong output growth - a fact reconciled by the notable gains in manufacturing productivity. We maintain, however, that the dramatic...

Systematische Konjunkturprognosen auf sektoraler Ebene sind sowohl in der Praxis als auch in der wissenschaftlichen Literatur rar. Der vorliegende Beitrag prognostiziert die Wachstumsraten von 22 Wirtschaftszweigen im Verarbeitenden Gewerbe. Darunter befinden sich zentrale Branchen wie der...

Während amtliche Daten zur Umsatzentwicklung unterjährig zur Verfügung stehen und vergleichsweise zeitnah vorliegen, weisen die nur jährlich erscheinenden Strukturstatistiken in der Regel einen erheblichen zeitlichen Verzug auf. Aussagen über die aktuelle Ertragssituation in einem...

Manufacturing has traditionally been regarded in the development literature as having special "growth-pulling" or "growth-enhancing" properties. The share of manufacturing in GDP has been declining slightly over time in South Africa, while that of services has been growing. This study focuses on...

This article investigated the service sector linkages with agriculture and industrial sectors with the purpose of ascertaining if forward and backward causal-chain exists, and the direction of causation among these sectors. The study was prompted by obvious evidence that sectoral contributions...

Expansion of earning opportunities and increment in earning levels are dual objectives of policymakers in developing countries. The structural adjustment programme in India tried to ensure both through higher growth targets, and manufacturing sector has seen the most sweeping changes. It is now...

In 2019-20, the real gross value added (GVA) of Indian manufacturing declined by about three per cent over the previous year, which is rare because a negative growth rate in manufacturing in India has not occurred in the past 20 years. The growth rate of the Indian economy in 2019-20 was about...

Using Periodic Labour Force Survey (PLFS) data, after making appropriate adjustments, we estimate that employment in India’s unorganized or informal manufacturing fell by 2.5 to 7.5 per cent in 2020-21, reflecting the impact of COVID-19. In the previous eight years, the average rate of fall in...

This paper examines the role of changing factor endowments in the growth and decline of industries and regions. The implications of an endowment-based Heckscher-Ohlin trade model for plant entry and exit are tested on 20 years of data for the entire US manufacturing sector. The trade model...

The rapid growth of offshoring has sparked a contentious debate over its impact on the U.S. manufacturing sector, which has recorded steep employment declines yet strong output growth—a fact reconciled by the notable gains in manufacturing productivity. We maintain, however, that the dramatic...