Globalization and a High-Tech Economy: California, the United States and Beyond

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Springer Science & Business Media, Apr 30, 2004 - Business & Economics - 208 pages
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High-technology and globalization are arguably the two most important forces driving the US economy today. This book analyzes how they interact and the implications of that interaction. The methodology applies data and statistical analysis to determine the impact of these forces over a broad spectrum of the US economy. Key topics addressed include why the US economy runs a continuing trade deficit in manufactured high-tech goods, why high-tech firms steadily lose manufacturing jobs, while creating professional jobs, and why high-tech industries rely on foreign outsourcing for much of their manufacturing.
 

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Contents

Introduction
1
Globalization and a HighTech Economy
19
International Trade and California Industry
53
Foreign Outsourcing and Domestic Industry
91
IntraFirm Trade and Intermediate Inputs
115
International Networks and HighTech Exports
131
Global Linkages the HighTech Sector and State Policy Choices
147
Conclusions
177
References
183
Subject Index
199
Author Index
205
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