Offshoring bias in U.S. manufacturing

Journal of Economic Perspectives

Volumn 25, Issue 2, 2011, Pages 111-132

  Houseman, Susan ^a   Kurz, Christopher ^b   Lengermann, Paul ^b   Mandel, Benjamin ^b  

^a WE Upjohn Institute for Employment Research   (United States)

^b FEDERAL RESERVE BOARD   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 79957437693     PISSN: None     EISSN: 08953309     Source Type: Journal    
DOI: 10.1257/jep.25.2.111     Document Type: Article

References (53)

1. Alterman, William. 2009. "Producing an Input Price Index." Paper prepared for the conference on "Measurement Issues Arising from the Growth of Globalization," Nov. 6-7, 2009, Washington, DC.
2. Bergsten, C. Fred. 2010. "Beijing Is Key to Creating More U.S. Jobs." Foreignpolicy.com. April 14. http://www.foreignpolicy.com/articles/ 2010/04/14/china-the-job-killer?print=yes&hidecomments=yes&page=full.
3. Brown, Clair, and Greg Linden. 2005. "Offshoring in the Semiconductor Industry: A Historical Perspective." In Brookings Trade Forum: 2005: Offshoring White-Collar Work, ed. Lael Brainard and Susan M. Collins, 279-333. Washington, DC: Brookings Institution Press.
4. Byrne, David, Brian Kovak, and Ryan Michaels. 2010. "Of fshoring and Price Measurement in the Semiconductor Industry." http://www.andrew.cmu. edu/user/bkovak/BKM-semicon.pdf. (Paper prepared for the conference on "Measurement Issues Arising from the Growth of Globalization," Nov. 6-7, 2009, Washington, DC.)
5. Cavallo, Michele, and Anthony Landry. 2010. "The Quantitative Role of Capital Goods Imports in US Growth." American Economic Review, 100(2): 78-82.
6. Cline, William R., and John Williamson. 2010. "Notes on Equilibrium Exchange Rates: January 2010." Policy Brief 10-2, Peterson Institute for International Economics.
7. Corrado, Carol, and Joe Mattey. 1997. "Capacity Utilization." Journal of Economic Perspectives, 11(1): 151-67. (Pubitemid 127458861)
8. Dedrick, Jason, and Kenneth L. Kraemer. 2009. "Offshoring and Outsourcing in the PC Industry: A Historical Perspective." In Information Systems Outsourcing, ed. R. Hirschheim, A. Heinzl, and J. Dibbern, 281-303. Berlin: Springer.
9. Diewert, Walter Erwin. 1998. "Index Number Issues in the Consumer Price Index." Journal of Economic Perspectives, 12(1): 47-58. (Pubitemid 128458847)
10. Diewert, Walter Erwin, and Alice O. Nakamura. 2010. "Bias Due to Input Source Substitutions: Can It Be Measured?" UBC Departmental Archives 2010-15, UBC Department of Economics. Revised July 13.
11. Eldridge, Lucy P., and Michael J. Harper. 2010. "Effects of Imported Intermediate Inputs on Productivity."Monthly Labor Review, June, pp. 3-15.
12. Engardio, Pete, and Dexter Roberts. 2004. "The China Price." Business Week, December 6. http://www.businessweek.com/magazine/content/04-49/ b3911401.htm.
13. Executive Office of the President of the United States. 2009. "A Framework for Revitalizing American Manufacturing." Washington, DC: U.S. Government Printing Office.
14. Feenstra, Robert, Benjamin R. Mandel, Marshall Reinsdorf, and Matthew Slaughter. 2009. "Effects of Terms of Trade Gains and Tariff Changes on the Measurement of U.S. Productivity Growth." NBER Working Paper 15592.
15. Feenstra, Robert, et al. 2010. Report on the State of Available Data for the Study of International Trade and Investment. Report prepared for the Committee on Economics Statistics of the American Economic Association. NBER Working Paper 16254.
16. Foster, Lucia, John Haltiwanger, and Chad Syverson. 2008. "Reallocation, Firm Turnover and Efficiency: Selection on Productivity or Profi tability?" American Economic Review, 98(1): 394-425.
17. Griliches, Zvi, and Iain Cockburn. 1994. "Generics and New Goods in Pharmaceutical Price Indexes." American Economic Review, 84(5): 1213-32.
18. Grimm, Bruce T. 1998. "Price Indexes for Selected Semiconductors." Survey of Current Business, 78(2): 8-24.
19. Gullickson, William. 1995. "Measurement of Productivity Growth in U.S. Manufacturing." Monthly Labor Review, July, pp. 13-28.
20. Hausman, Jerry. 2003. "Sources of Bias and Solutions to Bias in the Consumer Price Index." Journal of Economic Perspectives, 17(1): 23-44. (Pubitemid 38882444)
21. Helper, Susan. 2008. "Renewing U.S. Manufacturing: Promoting a High-Road Strategy." EPI Briefi ng Paper 212. Washington, DC: Economic Policy Institute.
22. Hicks, J. R. 1940. "The Valuation of the Social Income." Economica, 7(26), 105-124.
23. Houseman, Susan N. 2011. "Offshoring and Import Price Measurement." Survey of Current Business, February.
24. Houseman, Susan, Christopher Kurz, Paul Lengermann, and Benjamin Mandel. 2010. "Offshoring Bias in U.S. Manufacturing: Implications for Productivity and Value Added." Board of Governors of the Federal Reserve System, International Finance Discussion Papers, Number 1007.
25. Houseman, Susan, and Kenneth Ryder. 2010. "Measurement Issues Arising from the Growth of Globalization." Report prepared for the U.S. Bureau of Economic Affairs.
26. Hulten, Charles R. 2009. "Growth Accounting." NBER Working Paper 15341.
27. Immelt, Jeffrey R. 2011. "A Blueprint for Keeping America Competitive." Washington Post, January 21. http://www.washingtonpost.com/ wp-dyn/content/article/2011/01/20/AR2011012007089.html.
28. Jensen, J. Bradford. 2009. "Measuring the Impact of Trade in Services: Prospects and Challenges." Paper prepared for the conference on "Measurement Issues Arising from the Growth of Globalization," Nov. 6-7, 2009, Washington, DC.
29. Jensen, J. Bradford. 2009. "Measuring the Impact of Trade in Services: Prospects and Challenges." Paper prepared for the conference on "Measurement Issues Arising from the Growth of Globalization," Nov. 6-7, 2009, Washington, DC.
30. Jorgenson, Dale W., Frank M. Gollop, and Barbara M. Fraumeni. 1987. Productivity and U.S. Economic Growth. Cambridge, MA: Harvard University Press.
31. Kinsman, Michael. 2004. "Exporting Work: Outsourcing that Once Sent Low-Skill Jobs to Mexico Is Now Sending Some of San Diego's High-Skilled, High-Wage Jobs to India, China and Elsewhere." San Diego Tribune, April 4. http://64.9.213.241/files/old/news/articles/san-diego-tribune-4-4-04.pdf (accessed June 9, 2010).
32. Klier, Thomas H., and James M. Rubenstein. 2009. "Imports of Intermediate Parts in the Auto Industry-A Case Study." Paper prepared for the conference on "Measurement Issues Arising from the Growth of Globalization." Nov. 6-7, 2009, Washington, DC.
33. Leonard, Jeremy A. 2008. "The Tide is Turning: An Update on Structural Cost Pressures Facing U.S. Manufacturers." Published jointly by the Manufacturers Alliance/MAPI and the Manufacturing Institute. http://institute.nam.org/view/2001005065073451188/info.
34. Mandel, Benjamin R. 2010. "Heterogeneous Firms and Import Quality: Evidence from Transaction-Level Prices." Board of Governors of the Federal Reserve System, International Finance Discussion Papers, Number 991.
35. Mandel, Michael. 2007. "The Real Costs of Offshoring," Business Week, June 18, http://www.businessweek.com/magazine/content/07-25/b4039001.htm.
36. Mandel, Michael. 2009. "Growth: Why the Stats Are Misleading."Business Week, June 3. http://www.businessweek.com/magazine/ content/09-24/b4135000594984.htm.
37. McKinsey & Company. 2006. "Consensor Results." Presentation made at "China and India as Global Supply Points: A Business Opportunity!" conference at Pudong Shangri-La Hotel, Shanghai, May 22-24.
38. Nakamura, Emi, and Jón Steinsson. 2009. "Lost in Transit: Product Replacement Bias and Pricing to Market." http://www.columbia.edu/ ~en2198/papers/ippsubs.pdf.
39. Norwood, Janet L., Carol Carson, Manuel Deese, Norman J. Johnson, Franklin S. Reeder, and John E. Rolph. 2006. Offshoring: How Big Is It? Report of the Panel of the National Academy of Public Administration for the U.S. Congress and the Bureau of Economic Analysis. Washington, DC: National Academy of Public Administration.
40. OECD. 2010. STAN Industry 2008, STAN: OECD Structural Analysis Statistics. A database.
41. Oliner, Stephen D., and Daniel E. Sichel. 2000. "The Resurgence of Growth in the Late 1990s: Is Information Technology the Story?" The Journal of Economic Perspectives, 14(4): 3-22.
42. Oliner, Stephen D., Kevin J. Stiroh, and Daniel E. Sichel. 2007. "Explaining a Productive Decade." Brookings Papers on Economic Activity, no. 1, pp. 81-137.
43. Pisano, Gary P., and Willy C. Shih. 2009. "Restoring American Competitiveness." Harvard Business Review, July-August, pp. 114-25.
44. Pollin, Robert, and Dean Baker. 2010. "Reindustrializing America: A Proposal for Reviving U.S. Manufacturing and Creating Millions of Good Jobs." New Labor Forum, 19(2): 17-34.
45. Reich, Robert B. 2009. "Made in America: Manufacturing Jobs Are Never Coming Back." Forbes.com, May, 28. http://www.forbes.com/2009/05/28/ robert-reich-manufacturing-business-economy.html.
46. Reinsdorf, Marshall. 1993. "The Effect of Outlet Price Differentials in the U.S. Consumer Price Index." In Price Measurements and Their Use, ed. M. F. Foss, M. E. Manser, and A. H. Young, 227-54. Chicago: University of Chicago Press.
47. Reinsdorf, Marshall, and Robert Yuskavage. 2009. "Are There Unmeasured Declines in Prices of Imported Final Consumption Goods?" Paper prepared for the conference on "Measurement Issues Arising from the Growth of Globalization," Nov. 6-7, 2009, Washington, DC.
48. Sturgeon, Timothy J., Frank Levy, Clair Brown, J. Bradford Jensen, and David Weil. 2006. "Why We Can't Measure the Economic Effects of Services Offshoring: The Data Gaps and How to Fill Them." Services Offshoring Working Group Final Report. Cambridge, MA: Massachusetts Institute of Technology, Industrial Performance Center. http://web.mit.edu/ipc/publications/ pdf/IPC-Offshoring-Report.pdf.
49. Syverson, Chad. Forthcoming. "What Determines Productivity?" Journal of Economic Literature.
50. U.S. Department of Labor, Bureau of Labor Statistics. 2009a. "International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2008." News Release. http://www.bls.gov/news.release/pdf/ prod4.pdf.
51. U.S. Department of Labor, Bureau of Labor Statistics. 2009b. "Handbook of Methods." http://www.bls.gov/opub/hom/.
52. Wasshausen, David B., and Brent R. Moulton. 2006. "The Role of Hedonic Methods in Measuring Real GDP in the United States." Prepared for the 31st CEIES Seminar "Are We Measuring Productivity Correctly?"
53. Yuskavage, Robert E., Erich H. Strassner, and Gabriel W. Medeiros. 2008. "Outsourcing and Imported Services in BEA's Industry Accounts." In International Flows of Invisibles: Trade in Services and Intangibles in the Era of Globalization, ed. M. Reinsdorf and M. Slaughter, 247-88. Chicago: University of Chicago Press.