Commentary: The Rise of Offshoring: It's Not Wine for Cloth Anymore

نویسنده

  • John B. Taylor
چکیده

103 It is a pleasure to read and discuss Gene Grossman and Esteban Rossi-Hansberg’s paper. They begin by assembling several data series to show the growing importance of “task trade,” or offshoring, for the U. S. economy. Unfortunately, few data sets exist on offshoring, so, while highly suggestive, all the evidence is indirect. Hence, the first policy implication that I draw from this paper is the urgent need to collect offshoring data, whether by central banks or government statistical agencies.

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تاریخ انتشار 2007