Drivers of deindustrialisation: Sub-system analysis of internationally fragmented production structures

Arbeitspapier

This paper deals with the drivers of deindustrialisation in major developed countries over the last two decades. In contrast to some recent studies, we show that the importance of manufacturing for the world economy has not declined during the examined period. We argue that the observed deindustrialisation measured by direct employment and value-added shares of manufacturing underestimates the importance of manufacturing. Many former in-house activities of manufacturing are nowadays outsourced to other industries and are not accounted for in the direct statistics. We show that at least in major developed countries the level of outsourcing reached its limits at the beginning of the new millennium. At the same time, the offshoring of activities interlinked with manufacturing became the dominant driver of deindustrialisation in these countries. We are the first to study the importance of manufacturing from a truly global perspective and we use final consumption expenditures approach that allows us to consistently analyse the role of i) outsourcing, ii) offshoring and iii) changes in final demand, in its development.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Department of Economic Policy Working Paper Series ; No. 18

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Input-Output Models ; Industry Studies: Manufacturing: General ; Industrialization; Manufacturing and Service Industries; Choice of Technology
• Thema: Input-output analysis ; deindustrialisation ; manufacturing ; offshoring

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Lábaj, Martin ; Stracová, Erika
• Ereignis: Veröffentlichung
• (wer): University of Economics in Bratislava, Department of Economic Policy
• (wo): Bratislava
• (wann): 2019

Weitere Informationen

• Handle: http://hdl.handle.net/10419/249317
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ