New Perspectives on the Decline of US Manufacturing Employment

39 Pages Posted: 12 Apr 2018

See all articles by Teresa Fort

Teresa Fort

Dartmouth College - Tuck School of Business

Justin R. Pierce

Board of Governors of the Federal Reserve System

Peter K. Schott

Yale University - School of Management; National Bureau of Economic Research (NBER); Yale University - Cowles Foundation

Multiple version iconThere are 2 versions of this paper

Date Written: April 2018

Abstract

We use relatively unexplored dimensions of US microdata to examine how US manufacturing employment has evolved across industries, firms, establishments, and regions from 1977 to 2012. We show that these data provide support for both trade-and technology-based explanations of the overall decline of employment over this period, while also highlighting the difficulties of estimating an overall contribution for each mechanism. Toward that end, we discuss how further analysis of these trends might yield sharper insights.

Keywords: technology, Trade, US manufacturing employment

JEL Classification: E24, F6, J6

Suggested Citation

Fort, Teresa C. and Pierce, Justin R. and Schott, Peter K., New Perspectives on the Decline of US Manufacturing Employment (April 2018). CEPR Discussion Paper No. DP12839, Available at SSRN: https://ssrn.com/abstract=3159141

Teresa C. Fort (Contact Author)

Dartmouth College - Tuck School of Business ( email )

Hanover, NH 03755
United States

Justin R. Pierce

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

HOME PAGE: http://www.justinrpierce.com/

Peter K. Schott

Yale University - School of Management ( email )

135 Prospect Street
P.O. Box 208200
New Haven, CT 06520-8200
United States
203-436-4260 (Phone)
203-436-6974 (Fax)

HOME PAGE: http://www.som.yale.edu/faculty/pks4

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Yale University - Cowles Foundation

Box 208281
New Haven, CT 06520-8281
United States

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