Integration of Trade and Disintegration of Production in the Global Economy

Bibliographic Data

ID4028992
AuthorsRobert C Feenstra (0000-0003-3433-7763, Professor of Economics, University of California, Davis, California; Visiting Professor of Economics, Haas School of Business, University of California, Berkeley, California; Research Associate, National Bureau of Economic Research, Cambridge, Massachusetts., corresponding author)
Year1998
Volume12
Issue4
Pages31-50
Publication date1998-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.12.4.31
OpenAlexW2026217839
LanguageEN
Citations received223
References cited14

The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, in which manufacturing or services activities done abroad are combined with those performed at home. The author compares several different measures of foreign outsourcing and argues that they have all increased since the 1970s. He also considers the implications of globalization for employment and wages of low-skilled workers and for trade and regulatory policy, such as labor standards

World economy · Global trade and economics · Labor Movements and Unions

Tools

Open DOISci-HubOpen Access