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- W3123337701 abstract "Abstract In Chapter 8, Ebenstein, Harrison, and McMillan create a new measure of globalization’s impact on the labour force by defining occupational exposure to globalization. Workers can more easily switch industries than occupations, and so wage declines are felt by workers who are forced to leave manufacturing or their occupation entirely. The statistical analysis confirms that an occupation-based analysis is more effective at uncovering the impact on worker wages of global competition. Offshoring to low-wage countries is associated with wage declines for US workers, particularly those performing routine tasks. Occupational exposure to globalization puts significant downward pressure on wages because such a measure captures the movement of workers out of manufacturing and into lower wage services. The evidence presented here shows that there is a premium associated with manufacturing jobs; the same individual who switches employment and moves from manufacturing to services typically loses 5–20% of their initial wage." @default.
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- W3123337701 date "2017-03-16" @default.
- W3123337701 modified "2023-09-30" @default.
- W3123337701 title "Why are American Workers Getting Poorer? China, Trade, and Offshoring" @default.
- W3123337701 doi "https://doi.org/10.1093/acprof:oso/9780198779162.003.0009" @default.
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