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Growth and Change - 2021 - Krenz - Quantifying reshoring at the macro%E2%80%90level Measurement and applications.pdf (877.34 kB)

Quantifying reshoring at the macro-level—Measurement and applications

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posted on 2023-06-15, 20:42 authored by Astrid Krenz, Holger Strulik
In this paper, we develop a metric of reshoring at the macroeconomic level, at the level of industries or countries. Our dynamic measure computes the change in the domestic–foreign input ratio and therewith captures the idea of moving production back to the home country. Additional conditions ensure that the measure is confined to actual reshoring and does not pick up, for example, mere changes in the scale and composition of production. We show that reshoring is only weakly approximated by reduced offshoring. We compute the reshoring intensity from the World Input Output Database and illustrate the use of the data with several applications. Specifically, we compute trends in reshoring for examples of countries and industry sectors, we investigate reshoring from China, and examine the impact of an increasing degree of automation for reshoring in emerging and developing economies.

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Publication status

  • Published

File Version

  • Published version

Journal

Growth and Change

ISSN

0017-4815

Publisher

Wiley

Issue

3

Volume

52

Page range

1200-1229

Department affiliated with

  • Management Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2022-09-27

First Open Access (FOA) Date

2022-09-27

First Compliant Deposit (FCD) Date

2022-09-27

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