The Late Great Debate on Deindustrialization

Lawrence Mishel

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Economic Theory and Policy Labor market dynamics and wage inequality Economic Growth and Productivity

Abstract

that recent manufacturing productivity growth has matched that of our trade competitors. New research, however, has revealed that there are serious errors in the commonly used measure of manufacturing output. Corrected data suggest a significant erosion of the manufacturing sector and productivity growth far less than that of our major trading partners. Furthermore, the accelerated pace of structural shifts in employment in recent years has led to a significant drag on compensation growth.

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1991Flexibility, hierarchy and regional development: The changing structure of industrial production systems and their forms of governance in the 1990s 1990Wage polarisation in the US and the ‘flexibility’ debate 1990The Myth of the Coming Labor Shortage: Jobs, Skills, and Incomes of America's Workforce 2000 2016Manufacturing as the Key Engine of Economic Growth for Middle-Income Economies

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