We would like to invite you to participate in the 24th EBES Conference - Bangkok, Thailand which will bring together many distinguished researchers from all over the world. Participants will find opportunities for presenting new research, exchanging information, and discussing current issues.

Although we focus on Europe and Asia, all papers from major economics, finance, and business fields - theoretical or empirical - are highly encouraged. The deadline for abstract submissions is October 31, 2017.

Giuseppe Berlingieri, 25 September 2014

Advanced nations are shedding manufacturing jobs and gaining service jobs – a trend that has been in place for decades. Some of the shift, however, is a reclassification effect. Corporate outsourcing of tasks like marketing means workers doing the same task as before now show up as working for a firm in the service sector. Using US data from the past 60 years, this column shows that the evolution of the input-output structure – which is mostly due to professional and business services outsourcing – accounts for 36% of the increase in services and 25% of the fall in manufacturing.


CEPR Policy Research