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Title The factory-free economy : outsourcing, servitization, and the future of industry / edited by Lionel Fontagne and Ann Harrison.
Imprint Oxford, United Kingdom ; New York, NY : Oxford University Press, 2017.

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Series Studies of policy reform
Studies of policy reform.
Subject Deindustrialization.
Service industries.
International trade.
Economic history -- 1990-
Alt Name Fontagné, Lionel,
Harrison, Ann E.,
Description 1 online resource.
Bibliography Note Includes bibliographical references and indexes.
Summary "De-industrialization, accelerated by the financial crisis, is a long-term process. Emerging economies have shifted towards more advanced goods and their growing populations command an increased share in global demand. This shift towards a factory-free economy in high income countries has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or 'beggar-thy-neighbour' cost-competitiveness policies. Yet companies that concentrate research and design innovations at home, but no longer have any factories there, may be the norm in the future. This volume proposes an economic analysis of this phenomenon and includes 11 contributions which complement each other and tackle the problem from different angles. The evidence in this book suggests that de-industrialization is a process that happens over time in all countries, even China. One implication is that criticism of China is not likely to provide a solution to these long term trends. Another implication is that the distinction between manufacturing and services is likely to become increasingly blurred. More manufacturing firms are engaging in services activities, and more wholesale firms are engaging in manufacturing. One optimistic perspective suggests that industrial country firms may be able to exploit the high value-added and skill-intensive activities associated with design and innovation, as well as distribution, which are all components of the global value chain for manufacturing. Although this ongoing transformation of the industrial economies may be consistent with evolving comparative advantage, it has significant short-run costs and requires far-sighted investments. These include the costs to workers who are caught in the shift from an industrial to a service economy, and the need to invest in new infrastructure and education to prepare coming generations for their changing roles"--Publisher's description.
Contents Cover; The Factory-Free Economy: Outsourcing, Servitization, and the Future of Industry; Copyright; Preface; Acknowledgements; Contents; List of Figures; List of Tables; List of Contributors; Introduction; Bibliography; 1: Factory-free Europe? A Two Unbundlings Perspective on Europe's Twentieth-century Manufacturing Miracle and Twenty-first-century Manufacturing Malaise; 1.1 Introduction; 1.1.1 Globalization and Manufacturing Changed; 1.1.2 Prima Facie Evidence of the Changes; 1.1.3 Plan of the Chapter; 1.2 Globalization's First Unbundling; 1.2.1 The Pre-globalization World.
1.2.2 Production and Consumption Unbundle SpatiallyNORTHERN INDUSTRIALIZATION AND SOUTHERN DE-INDUSTRIALIZATION; URBANIZATION; 1.2.3 Economics of the First Unbundling; NEG FORCES: AGGLOMERATION AND DISPERSION; GROWTH TAKE-OFF WITH ENDOGENOUS GROWTH THEORY; 1.3 The Second Unbundling; 1.3.1 Globalization's Second Unbundling is Different: Stylized Facts; 1.3.2 Economics of the Second Unbundling; IMPLICATIONS FOR MANUFACTURING JOBS AND LOCATION OF VALUE ADDED; 1.3.3 Reshoring?; SOUTHERN GROWTH TAKE-OFF; URBANIZATION AND TRADE VOLUMES; 1.4 Factory-free Europe?; 1.4.1 The TOSP Framework.
FRACTIONALIZATION OF THE MANUFACTURING PROCESSSPATIAL DISPERSION: OFFSHORING; 1.4.2 Smile Curve Economics; WHY DID THE SMILE DEEPEN?; 1.5 Concluding Remarks: The New Landscape of Work; 1.5.1 Cities as Twenty-first-century Factories; 1.5.2 Policy Implications; LOSE SOME JOBS OR LOSE THEM ALL?; Bibliography; 2: Hollowing Out of the Japanese Economy: A Long-term Perspective; 2.1 Introduction; 2.1.1 The Japanese Data; OVERSEAS AFFILIATES; PARENT FIRM DATA; 2.2 Methodology and Empirical Framework; 2.3 Results; 2.4 Conclusion; Appendix; Bibliography; 3: Structural Change in the OECD: Some Facts.
3.1 Introduction3.2 Data and Methodology; 3.3 Results; 3.3.1 Structural Change in the OECD; 3.3.2 Structural Change over Time; 3.3.3 Aggregate Implications and Policy; 3.4 Conclusion; Bibliography; 4: The Servitization of FrenchManufacturing Firms; 4.1 Introduction; 4.2 Data; 4.3 Service Intensity of French Manufacturing Firms; 4.4 The Servitization of French Manufacturing: 1997-2007; 4.5 Hidden De-industrialization; 4.6 Concluding Remarks; Bibliography; 5: Factoryless Goods Producers in the USA; 5.1 Introduction; 5.1.1 Relation to Existing Work; 5.2 Data.
5.3 Design and Manufacturing at Wholesale Establishments5.3.1 2002; 5.3.2 2007; 5.4 FGPs; 5.4.1 Definition of an FGP; 5.4.2 FGPs in 2002; 5.4.3 FGPs in 2007; 5.5 Characteristics of FGP Establishments; 5.5.1 2002; 5.5.2 2007; 5.6 FGP Firms; 5.7 Aggregate Implications; 5.8 Conclusions; Appendix; A. Data; B. Definitions of FGPs; Bibliography; 6: Fragmentation: Survey-based Evidence for France; 6.1 Introduction; 6.2 An Original Survey of Global Value Chains; 6.3 How Many Jobs?; 6.4 Large and More Productive Firms Offshore More; 6.5 Firms May Decide Not to Offshore.
ISBN 9780191824333 (electronic bk.)
019182433X (electronic bk.)
9780191084737 (electronic bk.)
0191084735 (electronic bk.)
OCLC # 951754453
Additional Format Print version: 019877916X 9780198779162 (OCoLC)949911746