Globalization and a High-Tech Economy: California, the United States and BeyondHigh-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. |
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 |
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Common terms and phrases
abroad activities affiliates agglomeration Bardhan Billions blue-collar blue-collar workers Bureau Cali California Location California's high-tech Census centers changes Chapter Commerce Agency competition components Computer and Electronic computer cluster costs country of origin domestic downturn economic development effects employees factors Feenstra Figure foreign direct investment foreign outsourcing foreign trade zones foreign-born fornia global linkages gravity model growth hardware high-tech economy high-tech industries high-tech manufacturing high-tech sectors high-tech services immigrants impact imported inputs imported intermediate inputs increase Input Imports International Trade intra-firm exports intra-firm trade labor force location quotients manufacturing sectors Markusen MNEs multinational NAICS codes Nasscom networks nomic overall overseas patterns payroll Peripheral ports programs quadrants ratio regional restructuring role Semiconductors shipments SIC code significant Silicon Valley software firms Source standard gravity state's Survey of Manufacturers Table tech Technology tion Urban Economics value-addition variables wages William Alonso