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show that the majority of workers who leave manufacturing end up in the service sector where their wages are between 3 and 11 percent lower.
I have somewhat of an issue with this statement. There are lots of people in the service sector that are making very good wages. Are we talking about HVAC mechanics, electricians,etc; or customer service agents working for IT companies etc; ???
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Commented Jul 14, 2011 on Is China driving the wrong kind of structural change in the U.S.? at Dani Rodrik's weblog
Is China driving the wrong kind of structural change in the U.S.?
By Maggie McMillan, guest blogger When economists talk about structural transformation, they typically have in mind developing countries and the dual economy models à la W. Arthur Lewis that emphasize productivity differentials between broad sectors of the economy, such as agriculture and manuf...
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