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US Manufacturing Industries (us + manufacturing_industry)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting71%

Selected Abstracts

THE SOURCES OF AGGREGATE PRODUCTIVITY GROWTH: US MANUFACTURING INDUSTRIES, 1958,1996

BULLETIN OF ECONOMIC RESEARCH, Issue 4 2008
Jens J. Krüger
L16; O12; O33; L60 ABSTRACT The sources of aggregate productivity growth are explored using detailed data for four-digit US manufacturing industries during 1958,96 and a decomposition formula that allows us to quantify the contribution of structural change. Labour productivity as well as total factor productivity are considered with either value-added or employment shares serving as aggregation weights. It is shown that structural change generally works in favour of industries with increasing productivity. This effect is particularly strong in the years since 1990, in high-tech industries and in durable goods producing industries. The impact of the computer revolution can be clearly identified. [source]

INTERNATIONAL CAPITAL MOBILITY AND TRADE POLITICS: CAPITAL FLOWS, POLITICAL COALITIONS, AND LOBBYING

ECONOMICS & POLITICS, Issue 3 2004
Michael J. Hiscox
Conventional wisdom holds that increasing international capital mobility reduces incentives for firms to lobby for trade protection. This paper argues that the effects of increased international capital mobility on the lobbying incentives of firms depend critically upon levels of inter-industry mobility. General-equilibrium analysis reveals that if capital is highly industry-specific, greater international mobility among some types of specific capital may increase lobbying incentives for owners of other specific factors and thereby intensify industry-based rent-seeking in trade politics. Evidence on levels of inward and outward investment in US manufacturing industries between 1982 and 1996, and on industry lobbying activities, indicate that these effects may be quite strong. [source]

Information technology innovation diffusion: an information requirements paradigm

INFORMATION SYSTEMS JOURNAL, Issue 3 2008
Nigel Melville
Abstract., Information technology (IT) innovation research examines the organizational and technological factors that determine IT adoption and diffusion, including firm size and scope, technological competency and expected benefits. We extend the literature by focusing on information requirements as a driver of IT innovation adoption and diffusion. Our framework of IT innovation diffusion incorporates three industry-level sources of information requirements: process complexity, clock speed and supply chain complexity. We apply the framework to US manufacturing industries using aggregate data of internet-based innovations and qualitative analysis of two industries: wood products and beverage manufacturing. Results show systematic patterns supporting the basic thesis of the information processing paradigm: higher IT innovation diffusion in industries with higher information processing requirements; the salience of downstream industry structure in the adoption of interorganizational systems; and the role of the location of information intensity in the supply chain in determining IT adoption and diffusion. Our study provides a new explanation for why certain industries were early and deep adopters of internet-based innovations while others were not: variation in information processing requirements. [source]

Product line extensions: causes and effects

MANAGERIAL AND DECISION ECONOMICS, Issue 1 2008
Article first published online: 27 JUL 200, Kostas Axarloglou
In this paper, and using data from a sample of five US manufacturing industries, we study the implications of market demand growth on product line extensions and the effects of the latter on industry profit margins. Companies extend their product lines in response to expansions in market demand and this tends to depress profit margins in the industry. Finally, these results are quantitatively significant. Copyright © 2007 John Wiley & Sons, Ltd. [source]

Endogenous Growth, Increasing Returns and Externalities: An Alternative Interpretation of the Evidence

METROECONOMICA, Issue 4 2001
Jesus Felipe
A number of recent papers have used aggregate production functions in an attempt to measure the degree of returns to scale and possible external effects in US manufacturing industries. In this paper I argue that the methods used and the results obtained are deceptive. The reason is that underlying every aggregate production function is the income accounting identity that relates output in value terms to the sum of wages and profits. This identity can be transformed, depending on the empirical paths of the wage and profit rates and of the factor shares, into different mathematical forms which resemble neoclassical production functions. Estimation of these forms, as is done in the literature discussed in the paper, poses serious problems for the interpretation of the results. [source]

THE SOURCES OF AGGREGATE PRODUCTIVITY GROWTH: US MANUFACTURING INDUSTRIES, 1958,1996

BULLETIN OF ECONOMIC RESEARCH, Issue 4 2008
Jens J. Krüger
L16; O12; O33; L60 ABSTRACT The sources of aggregate productivity growth are explored using detailed data for four-digit US manufacturing industries during 1958,96 and a decomposition formula that allows us to quantify the contribution of structural change. Labour productivity as well as total factor productivity are considered with either value-added or employment shares serving as aggregation weights. It is shown that structural change generally works in favour of industries with increasing productivity. This effect is particularly strong in the years since 1990, in high-tech industries and in durable goods producing industries. The impact of the computer revolution can be clearly identified. [source]

Circumstances of fatal lockout/tagout-related injuries in manufacturing

AMERICAN JOURNAL OF INDUSTRIAL MEDICINE, Issue 10 2008
Maria T. Bulzacchelli PhD
Abstract Background Over the past few decades, hundreds of manufacturing workers have suffered fatal injuries while performing maintenance and servicing on machinery and equipment. Using lockout/tagout procedures could have prevented many of these deaths. Methods A narrative text analysis of OSHA accident investigation report summaries was conducted to describe the circumstances of lockout/tagout-related fatalities occurring in the US manufacturing industry from 1984 to 1997. Results The most common mechanisms of injury were being caught in or between parts of equipment, electrocution, and being struck by or against objects. Typical scenarios included cleaning a mixer or blender, cleaning a conveyor, and installing or disassembling electrical equipment. Lockout procedures were not even attempted in the majority (at least 58.8%) of fatal incidents reviewed. Conclusions Lockout/tagout-related fatalities occur under a wide range of circumstances. Enhanced training and equipment designs that facilitate lockout and minimize worker contact with machine parts may prevent many lockout/tagout-related injuries. Am. J. Ind. Med. 51:728,734, 2008. Published 2008 Wiley-Liss, Inc. [source]