International Trade, Deindustrialization and Labour Demand: An Input-Output Study for the UK (1979–90)

Mary Gregory () and Christine Greenhalgh

Chapter 4 in International Trade and Labour Markets, 1997, pp 62-89 from Palgrave Macmillan

Abstract: Abstract During the past 25 years deindustrialization has been a particularly striking feature of the UK labour market. The process of employment loss in manufacturing accelerated during the period from 1979–90, often dubbed ‘The Thatcher era’. The absolute and relative loss of employment in UK manufacturing has variously been attributed (see, for example, Green, 1989) to: (a) loss of market share due to import penetration by both European and Asian competitors, that is, real deindustrialization; (b) corporate restructuring and the ‘contracting-out’ of service activities to specialist providers, that is, notional deindustrialization; (c) labour-saving technical progress in manufacturing which, ceteris paribus on the level of final demand, results in job losses, that is, deindustrialization of employment, not output.

Keywords: Financial Service; Labour Demand; Intermediate Good; Final Demand; Hourly Earning (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14577-5_4

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DOI: 10.1007/978-1-349-14577-5_4

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