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Article
Export Composition and Manufacturing Employment in the U.S. During the Economic Downturn of 1991-92
Economic Systems Research
  • Mark Leclair, Fairfield University
Document Type
Article
Publication Date
1-1-2002
Abstract

This paper examines the effect that export composition had upon manufacturing employment in the US during the 1991 recession. Although it takes, on average, approximately $66 000 in exports to create one job, the exact gains in terms of total employment depend upon the labour-intensity of the products being exported. Foreign sales by the chemical and textile industries result in a far greater increase in employment than exports by the petroleum refining or steel industries. This analysis estimates the employment effects of manufacturing exports over the 1989-95 period, utilizing an input-output model to capture both direct and indirect effects. The results demonstrate that export composition has, at times, both strengthened and reduced demand for labour. Consequently, if job-creation is a national goal, it may be in the interests of the US to promote exports from sectors that are labour-using.

Comments

Copyright 2002 The International Input-Output Association, published by Taylor & Francis (Routledge)

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Published Citation
LeClair, Mark. 'Export Composition and Manufacturing Employment in the U.S. During the Economic Downturn of 1991-92.' Economic Systems Research 14.2 (2002): 147-156. doi:10.1080/09535310220140942.
DOI
10.1080/09535310220140942
None
Peer Reviewed
Citation Information
Mark Leclair. "Export Composition and Manufacturing Employment in the U.S. During the Economic Downturn of 1991-92" Economic Systems Research Vol. 14 Iss. 2 (2002)
Available at: http://works.bepress.com/mark_leclair/9/