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Is Deindustrialization Causing High Unemployment in Affluent Countries? Evidence from 16 OECD Countries, 1970-2003

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This study assesses the possibility that deindustrialization has been contributing to the persistently high unemployment rates experienced by most affluent countries since the mid-1970s. Combining insights from Lilien’s (1982) “sectoral shift” thesis and the literature on deindustrialization, the authors assert that the decadeslong contraction of the manufacturing sector has been a significant source of high unemployment in affluent countries. This assertion is tested against the literature’s existing explanations for unemployment using data from 16 Organization for Economic Cooperation and Development countries over a recent 34-year period. Two-way, fixedeffects regression models suggest that deindustrialization has not only contributed to unemployment in these countries, but that it has been one of the more important causes of this phenomenon. These findings are robust across various model specifications and estimating strategies. The study concludes by suggesting further ways to
investigate this important topic.

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Informasi Detail

Judul Seri

Social Forces

No. Panggil

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Penerbit

: Oxford University Press., 2013

Deskripsi Fisik

Social Forces 91(3) 785–812, March 2013

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

TENAGA KERJA

Info Detail Spesifik

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