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
journal contribution
posted on 2023-06-15, 20:42 authored by Astrid Krenz, Holger StrulikIn 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
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- Published version
Journal
Growth and ChangeISSN
0017-4815Publisher
WileyExternal DOI
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3Volume
52Page range
1200-1229Department affiliated with
- Management Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2022-09-27First Open Access (FOA) Date
2022-09-27First Compliant Deposit (FCD) Date
2022-09-27Usage metrics
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