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Integration of Trade and Disintegration of Production in the Global Economy
Open accessAbstract
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, in which manufacturing or services activities done abroad are combined with those performed at home. The author compares several different measures of foreign outsourcing and argues that they have all increased since the 1970s. He also considers the implications of globalization for employment and wages of low-skilled workers and for trade and regulatory policy, such as labor standards.
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Cites
Berman, E., Bound, J., & Griliches, Z. (1994) · The Quarterly Journal of Economics · doi:10.2307/2118467 · Cited by 1,870
Cited by
The governance of global value chains
Gereffi, G., Humphrey, J., & Sturgeon, T. (2005) · Review of International Political Economy · doi:10.1080/09692290500049805 · Cited by 7,233
Anderson, J. E., & van Wincoop, E. (2004) · Journal of Economic Literature · doi:10.1257/0022051042177649 · Cited by 2,524
The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade
Autor, D. H., Dorn, D., & Hanson, G. H. (2016) · Annual Review of Economics · doi:10.1146/annurev-economics-080315-015041 · Cited by 1,305
Antràs, P., & Helpman, E. (2004) · Journal of Political Economy · doi:10.1086/383099 · Cited by 1,158
Global value chains in a post-Washington Consensus world
Gereffi, G. (2014) · Review of International Political Economy · doi:10.1080/09692290.2012.756414 · Cited by 1,063
Metadata
- Authors
- Feenstra, R. C.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 1998-11-01
- Volume
- 12
- Issue
- 4
- Pages
- 31-50
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2026217839
- Cited by
- 2,069
- References
- 1
- FWCI
- 131.87
- Type
- journal article
- Language
- en
- Open access
- green
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
