Format:
Online-Ressource (24 p)
Edition:
Online-Ausg.
ISBN:
148430182X
,
9781484301821
Series Statement:
IMF Working Papers Working Paper No. 14/28
Content:
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
Additional Edition:
Erscheint auch als Druck-Ausgabe Celasun, Oya The U.S. Manufacturing Recovery: Uptick or Renaissance? Washington, D.C. : International Monetary Fund, 2014 ISBN 9781484301821
Language:
English
DOI:
10.5089/9781484301821.001
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