The U.S. Manufacturing Recovery: Uptick or Renaissance?
The notable rebound of U.S. manufacturing activity following the Great Recession has raised the question of whether the sector might be experiencing a renaissance. Using panel regressions, we find that a depreciating real exchange rate, an increasing spread in natural gas prices between the United S...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2014
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 14/28 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | The notable rebound of U.S. manufacturing activity following the Great Recession has raised the question of whether the sector might be experiencing a renaissance. Using panel regressions, we find that a depreciating real exchange rate, an increasing spread in natural gas prices between the United States and other G-7 countries, and in particular decreasing unit labor costs have had a positive impact on U.S. manufacturing production. While we find it unlikely for manufacturing to become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible growth opportunities going forward |
| Beschreibung: | 1 Online-Ressource (24 p) |
| ISBN: | 148430182X 9781484301821 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:13Z |
| indexdate | 2024-07-10T09:35:20Z |
| institution | BVB |
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| language | English |
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| spelling | Celasun, Oya Verfasser aut The U.S. Manufacturing Recovery Uptick or Renaissance? Celasun, Oya Washington, D.C International Monetary Fund 2014 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 14/28 The notable rebound of U.S. manufacturing activity following the Great Recession has raised the question of whether the sector might be experiencing a renaissance. Using panel regressions, we find that a depreciating real exchange rate, an increasing spread in natural gas prices between the United States and other G-7 countries, and in particular decreasing unit labor costs have had a positive impact on U.S. manufacturing production. While we find it unlikely for manufacturing to become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible growth opportunities going forward Online-Ausg Di Bella, Gabriel Sonstige oth Mahedy, Tim Sonstige oth Papageorgiou, Chris Sonstige oth http://elibrary.imf.org/view/IMF001/21169-9781484301821/21169-9781484301821/21169-9781484301821.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Celasun, Oya The U.S. Manufacturing Recovery Uptick or Renaissance? |
| title | The U.S. Manufacturing Recovery Uptick or Renaissance? |
| title_auth | The U.S. Manufacturing Recovery Uptick or Renaissance? |
| title_exact_search | The U.S. Manufacturing Recovery Uptick or Renaissance? |
| title_exact_search_txtP | The U.S. Manufacturing Recovery Uptick or Renaissance? |
| title_full | The U.S. Manufacturing Recovery Uptick or Renaissance? Celasun, Oya |
| title_fullStr | The U.S. Manufacturing Recovery Uptick or Renaissance? Celasun, Oya |
| title_full_unstemmed | The U.S. Manufacturing Recovery Uptick or Renaissance? Celasun, Oya |
| title_short | The U.S. Manufacturing Recovery |
| title_sort | the u s manufacturing recovery uptick or renaissance |
| title_sub | Uptick or Renaissance? |
| url | http://elibrary.imf.org/view/IMF001/21169-9781484301821/21169-9781484301821/21169-9781484301821.xml |
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