The China syndrome revisited : impact of technological intensity and Chinese import penetration on labor market outcomes in the EU

Damijan, Jože (avtor), Kostevc, Črt (avtor), Redek, Tjaša (avtor)

This paper contributes to research on the factors that have led to the decline of manufacturing employment in advanced economies by studying the impact of both import penetration and technological intensity on manufacturing employment between 2008 and 2018 using an extensive industry-level dataset for 28 EU countries. The findings make it clear that the growing share of Chinese imports in total extra-EU-28 imports significantly explains the declining trend in EU sectoral employment. The mentioned trend is shown to be mainly driven by the import penetration of Chinese consumer goods and less by the outsourcing of intermediate products. Yet, little evidence is found of technological intensity having a detrimental impact on sectoral employment outcomes. While the correlation between business expenditure on research and development per employee and employment growth was weakly negative, the share of information and communication technologies assets in total assets was positively correlated with both aggregate employment growth and the share of unskilled workers in the sector.

• Jezik: Angleški jezik
• Ključne besede: EU, China, imports, labour market, labor-market outcomes, polarization, technological intensity and import penetration
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: EF - Ekonomska fakulteta
• Status publikacije: Objavljeno
• Različica publikacije: Objavljena publikacija
• Leto izida: 2023
• Št. strani: Str. 119-138
• Številčenje: Vol. 71, iss. 2
• PID: 20.500.12556/RUL-148340
• UDK: 339.5
• ISSN pri članku: 0013-3035
• DOI: 10.31577/ekoncas.2023.02.02
• COBISS.SI-ID: 153808899
• Datum objave v RUL: 17.08.2023

Gradivo je del revije

• Naslov: Ekonomický časopis
• Skrajšan naslov: Ekon. čas.
• Založnik: Vydavateĺstvo Slovenskej akadémie vied
• ISSN: 0013-3035
• COBISS.SI-ID: 207897

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: EU, Kitajska, uvoz, trg dela

Projekti

• Financer: EC - European Commission
• Program financ.: H2020
• Številka projekta: 822781
• Naslov: Growth Welfare Innovation Productivity
• Akronim: GROWINPRO

• Financer: ARRS - Agencija za raziskovalno dejavnost Republike Slovenije
• Številka projekta: J5-4575
• Naslov: Investicije kot ključ do izgradnje trajnostnega podjetja: izgradnja teoretičnega modela in multi-metodološka empirična analiza