The Evolving External Orientation of Manufacturing Industries: Evidence from Four Countries
Significant changes in the external orientation of manufacturing industries are observed in the United States, Canada, and the United Kingdom, but not in Japan. The observed increases in external orientation are in terms of industry export shares, import penetration, and imported input use in production. United States industries have experienced a particularly dramatic increase in imported input use, accompanied by highly variable patterns of industry net external orientation over the past two decades. Although similar manufacturing industries have strong export orientation in all countries, across countries these same industries have profoundly different patterns of import penetration, imported input use, and net external exposure to exchange rate and trade policy changes
Year of publication: |
1997-02
|
---|---|
Authors: | Campa, Jose Manuel ; Goldberg, Linda S. |
Institutions: | National Bureau of Economic Research (NBER) |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Employment versus Wage Adjustment and the US Dollar
Campa, Jose Manuel, (1998)
-
Investment in Manufacturing, Exchange-Rates and External Exposure
Campa, Jose Manuel, (1993)
-
Distribution Margins, Imported Inputs, and the Sensitivity of the CPI to Exchange Rates
Goldberg, Linda S., (2006)
- More ...