Value Creation and Trade in 21st Century Manufacturing
Journal
Journal of Regional Science
ISSN
0022-4146
ISSN-Digital
1467-9787
Type
journal article
Date Issued
2015-01-01
Author(s)
Abstract
The factors responsible for the spatial reorganization of contemporary manufacturing are presented here and the predictive power of long-standing notions of comparative advantage revisited. While a growing number of commercial tasks and technologies are in principle mobile internationally, giving rise to the perception of evermore footloose manufacturing firms and greater job insecurity, there is much in the modern organization of manufacturing that is both viscid and involves location-specific competitive advantages. This calls for a more nuanced assessment of the impact of an open world trading system on the spatial division of labor and on living standards.
Language
English
HSG Classification
contribution to scientific community
Refereed
No
Publisher
Wiley-Blackwell
Publisher place
Oxford
Volume
55
Number
1
Start page
31
End page
50
Pages
20
Subject(s)
Eprints ID
234979