Template-Type: ReDIF-Paper 1.0
Author-Name: Robert Feenstra
Author-Name-First: Robert
Author-Name-Last: Feenstra
Author-Workplace-Name: Department of Economics, University of California Davis
Title: INTEGRATION OF TRADE AND DISINTEGRATION OF PRODUCTION IN THE GLOBAL ECONOMY
Abstract: The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, as manufacturing or services activities done abroad are combined with those performed at home. I compare several different measures of foreign outsourcing, and argue that they have all increased since the 1970s. I also consider the implications of globalization for employment and wages of low-skilled workers, and for trade and regulatory policy, such as labor standards.
Length: 38
File-URL: https://repec.dss.ucdavis.edu/files/56buYovhd6YifYM9UgDoPyjx/98-6.pdf
File-Format: application/pdf
Number: 244
Classification-JEL: 
KeyWords: 
Creation-Date: 20030108
Handle: RePEc:cda:wpaper:244