Consequences of downsizing in U.S. manufacturing, 1967 to 1997

Edward N. Wolff

    Research output: Chapter in Book/Report/Conference proceedingChapter

    Abstract

    There has been much discussion of “downsizing” in the press. In this chapter, using Census of Manufacturing data, I explore whether such a pattern has characterized U.S. manufacturing over the period from 1967 to 1997, the period when downsizing received the most attention. I do find evidence of a decline in average establishment size over this period.1 Moreover, regression to the mean also occurred, with large establishments tending to become smaller (or to being replaced by smaller enterprises) and small establishments tending to expand, with the overall tendency being movement toward the middle.

    Original languageEnglish (US)
    Title of host publicationSocial Fairness and Economics
    Subtitle of host publicationEconomic Essays in the Spirit of Duncan Foley
    PublisherTaylor and Francis
    Pages323-352
    Number of pages30
    ISBN (Electronic)9781136270888
    ISBN (Print)9780415538190
    DOIs
    StatePublished - Jan 1 2013

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)
    • Business, Management and Accounting(all)

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