Myth of US deindustrialization

Journal Article · · Challenge; (United States)

OSTI ID:5455447

Lawrence, R Z

The author cites domestic slack demand and inflated finances as being the cause of America's supposed problems in the industrial world. He discounts the idea that international competition is the reason and explains why deindustrialization is not occurring contrary to popular belief. He feels it is unfair to make international comparisons of industrial performance based only on the current era and proves his point by citing relevant statistics on employment, research and development, capital formation, and productivity since 1973. The shifts in the US industrial sector are compared to those in Europe and Japan. The strengths as well as the weaknesses of the US industrial system are emphasized. 1 figure, 4 tables.

• Research Organization: Brookings Institution, Washington, DC
• OSTI ID: 5455447
• Journal Information: Challenge; (United States), Journal Name: Challenge; (United States) Vol. 26:5; ISSN CHLGB
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320300 -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes
COMPARATIVE EVALUATIONS
COMPETITION
INDUSTRY
PERFORMANCE
PRODUCTIVITY