CHINA SYNDROME REVISITED: IMPACT OF TECHNOLOGICAL INTENSITY AND CHINESE IMPORT PENETRATION ON LABOUR MARKET OUTCOMES IN THE EU

• Authors: Damijan Jože , Kostevc Črt , Redek Tjaša
• Languages of publication: EN

Abstracts

EN

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.

Keywords

EN

LABOUR MARKET; OUTCOMES; TECHNOLOGICAL INTENSITY; IMPORT; CHINA; EU

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2023
• Volume: 71
• Issue: 2
• Pages: 119 – 138

Contributors

author

Damijan Jože

• University of Ljubljana, Faculty of Economics, Kardeljeva ploščad 17, 1000 Ljubljana, Slovenia

• https://orcid.org/0000-0001-9150-1174

author

Kostevc Črt

• https://orcid.org/0000-0001-7260-1962

author

Redek Tjaša

• https://orcid.org/0000-0003-3100-7208

Identifiers

DOI

https://doi.org/10.31577/ekoncas.2023.02.02