Strategic Impacts of Advanced Manufacturing Technology on American Textile Industry

2018 ◽  
Vol 9 (2) ◽  
pp. 54-69 ◽  
Author(s):  
Gregory W. Ulferts ◽  
Terry L. Howard ◽  
Nicholas J. Cannon

This article describes how U.S. manufacturing was stricken when companies embraced outsourcing beginning in the 1990s as a strategy for taking advantage of lower labor costs in developing countries. The U.S. textile and apparel industries lost 76.5% of its workforce, or 1.2 million jobs, between 1990 and 2012. The catalyst which has renewed the interest in manufacturing textiles and apparel in the United States is the narrowing gap between the U.S. and Asian labor costs. The sector changed in response to technology and the global market, and both the number and type of employees demanded turned as well. The advanced technology currently drives the domestic textile industry. Despite a positive outlook on growth, it is unlikely that textile manufacturing will create the large number of jobs that it did in the past. Furthermore, it is only viable because of the technological improvements to its factories. The current production is designed to employ fewer workers in order be more productive and less dependent on labor costs. Nevertheless, the high demand for specialized and unique textiles in the U.S. and Europe will likely continue to drive improved manufacturing technology and performance. China's transition from a manufacturing economy to a service economy will increase its manufacturing operational costs, while probably growing demand for the sorts of specialized textiles on which American textile manufacturers tend to focus. If such manufacturers can increase their market shares in China and other Asian countries, while maintaining such markets in the U.S. and Europe, the American textile manufacturing industry will likely grow at a moderately high rate.

2013 ◽  
Vol 9 (3) ◽  
pp. 243-248
Author(s):  
Yoo-Kyoung Seock ◽  
Andrea Giraudo ◽  
Leah Gautreaux

Ever since its introduction to the United States, cotton has played an important role in the U.S. economy and its position in the international market. The success of cotton production in the U.S. has, in the past, served as a major boost for the American economy and a catalyst for industrial improvements and inventions. However, the global market for cotton fibers and cotton-based textile products has undergone a few changes over the past decades. Competition surrounding cotton has placed the industry under pressure and intense competition among the largest producers such as China, India, and Pakistan. Due to the increased competition of the cotton production and international trade of cotton in the global market alongside the decreased production of textile products, the U.S. cotton industry had to look beyond its own borders to meet the demands of the global textile market. The purpose of this paper is to examine and discuss the important issues raised in the U.S. cotton textile industry and to look for the future of this industry. The case can be used as a tool to stimulate a critical evaluation of the industry and to facilitate discussion about the potential strategies to make the industry viable.


2010 ◽  
Vol 40 (3) ◽  
pp. 443-467 ◽  
Author(s):  
Leigh Turner

Health services are now advertised in a global marketplace. Hip and knee replacements, ophthalmologic procedures, cosmetic surgery, cardiac care, organ transplants, and stem cell injections are all available for purchase in the global health services marketplace. “Medical tourism” companies market “sun and surgery” packages and arrange care at international hospitals in Costa Rica, India, Mexico, Singapore, Thailand, and other destination nations. Just as automobile manufacturing and textile production moved outside the United States, American patients are “offshoring” themselves to facilities that use low labor costs to gain competitive advantage in the marketplace. Proponents of medical tourism argue that a global market in health services will promote consumer choice, foster competition among hospitals, and enable customers to purchase high-quality care at medical facilities around the world. Skeptics raise concerns about quality of care and patient safety, information disclosure to patients, legal redress when patients are harmed while receiving care at international hospitals, and harms to public health care systems in destination nations. The emergence of a global market in health services will have profound consequences for health insurance, delivery of health services, patient-physician relationships, publicly funded health care, and the spread of medical consumerism.


Economies ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 47
Author(s):  
Misu Kim

We analyzed India’s export competitiveness in the textiles and clothing (T&C) sector in the United States. The T&C industry is traditionally important for the Indian economy due to its significant contribution to export, employment, and industrial production. However, the competition in the global T&C market intensified after the Multi-Fiber Arrangement phase-out in 2005. Therefore, it is necessary to examine the export competitiveness of India’s T&C sector in the U.S., India’s largest export destination and one of the world’s largest consumers of T&C. In this study, we calculated the comparative advantage of India’s T&C based on Revealed Comparative Advantage (RCA), Market Comparative Advantage (MCA), and Comparative Advantage by Countries (CAC). Our analysis shows that India had a comparative advantage in the T&C sector in the U.S. from 1991 to 2017, despite intensified competition in the global market.


2001 ◽  
Vol 53 (3) ◽  
pp. 399-430 ◽  
Author(s):  
Kelly Kollman ◽  
Aseem Prakash

Environmental Management Systems (EMSS) represent a new generation of voluntary “beyond compliance” environmental policies that neither set substantive goals nor specify final outcomes. As a result, many stakeholder groups are lukewarm toward them. Since 1993 two major supranational EMSs—ISO 14001 and the European Union's Environmental Management and Audit Scheme (EMAS)—have been introduced. Firms receive formal accreditation after their EMS has been certified by outside verifiers. This accreditation can potentially bestow monetary and nonmonetary benefits on these firms.Firm-level EMS adoption patterns in the United Kingdom, Germany, and the United States vary, thereby suggesting that national contexts influence firms' responses to them. In Germany and the U.K. a significant number of sites have become either ISO 14001 or EMAS certified, while the take-up of ISO 14001 in the U.S. (EMAS is available only to European sites) has been less enthusiastic.This article begins with the hypothesis that firms in countries with adversarial economies— where regulators and business are on less than friendly terms—are less likely to adopt EMS-based programs. This hypothesis explains why ISO 14001 take-up has been relatively high in the U.K. and relatively low in the U.S. However, it cannot explain (1) the high rate of take-up of both ISO 14001 and EMAS in Germany, where the stringency of environmental legislation has been a contentious issue between the government and industry and (2) why EMAS has been more popular in Germany than in the U.K. This article argues that the original hypothesis, while largely correct, is underspecified. To better explain the cross-national differences in EMS adoption, one must take into account the type of adversarial economy (adversarial legalism versus prescriptive interventionism) and the nature of the policy regime (procedural versus substantive).


1992 ◽  
Vol 35 (2) ◽  
pp. 329-342 ◽  
Author(s):  
Dennis McNamara

The development of South Korea's cotton manufacturing industry during the First Republic (1948–1960) is examined as a way to better understand the process of “reincorporation” of a peripheral state into the postwar capitalist world system. An examination of the character of cotton manufacturing in South Korea, and the role played by the United States in reincorporating the former Japanese colony into an American-dominated world system, suggests the process was largely one of “constrained bureaucratic expansion.” The study illustrates how the earlier process of incorporation under Japanese hegemony shaped subsequent reincorporation under American suzerainty. Additionally, the analysis underscores the importance of geopolitical factors, and the interaction of the local situation with the world system in shaping the process of reincorporation.


Author(s):  
Tatiana I. Gorkina ◽  

The decline in the share of manufacturing in the US GDP in recent decades due to the rapid growth of the tertiary sector, a sharp increase in imports, outsourcing and offshoring of the industry have led to a change in its territorial-production structure, degradation of a number of industrial complexes, and a partial loss of competitive advantages on the global market. The relocation of industrial facilities outside the country took place for such reasons as the low cost of resources and labor in developing countries. In the course of outsourcing and offshoring, American multinational companies have created a complex network of industrial facilities in many countries of the world, mainly in developing and emerging countries. Deindustrialization led to a decrease in the technological level and industrial infrastructure in the US manufacturing industry, which contributed to the deterioration of the country's trade balance, an increase in the budget deficit, and growing dependence upon the world market conditions. The decline in production occurred primarily in labor-intensive and resource-intensive industries, but it practically did not affect production with high added value. Resource price volatility and rising labor costs in developing countries have contributed to the ‗return‘ of enterprises to the United States. The revival of American industry is in line with industry 4.0, based on the accelerated introduction of breakthrough digital technologies. The new industrialization should provide large-scale structural changes not only in industry, but also in the economy as a whole. Reshoring has an impact on the territorial structure of the economy because the most attractive for new industrial facilities are centers with less than 1 million residents, and not the US largest cities that have a complex territorial-production structure burdened with social and environmental problems.


2018 ◽  
Vol 18 (1) ◽  
pp. 179-197
Author(s):  
Yuichiro Tsuji

Summary This paper reviews GPS investigations in Japan and the United States. In 2017, the Japanese Supreme Court held that warrantless GPS search was illegal. The case reviewed in this article illustrates the boundary of permissible investigation using advanced technology and highlights the fact that rapidly developing technology challenges legal research. In the 2017 decision discussed in this paper, law enforcement challenged the permissible scope of investigating warrantless GPS searches; a challenge common in other countries, like the U.S. The U.S. Supreme Court has already decided this case in United States v. Jones decision in 2012. Both of Japanese and American decision takes similar reasoning for their decisions.


2020 ◽  
Vol 71 (03) ◽  
pp. 215-222
Author(s):  
ABDULLAH EJAZ ◽  
RAMONA BIRAU ◽  
CRISTI SPULBAR ◽  
RAMONA BUDA ◽  
ANDREI COSMIN TENEA

The aim of this research study is to examine the impact of domestic portfolio diversification strategies in Toronto Stock Exchange (TSX) on Canadian textile manufacturing industry in order to obtain attractive investment opportunities. Dissipation of benefits of globally diversified portfolios due to overwhelming convergence among the international and regional stock markets around the globe have given rebirth to the idea of domestic portfolio diversification particularly after the global financial crisis of 2008. Textile industry in Canada is challenging but can achieve higher performance based on Toronto Stock Exchange behavior. Therefore, this is a complex applied research focused on investigating TSX as standalone stock market for domestic diversification opportunities. For this purpose, correlation coefficients, pairwise cointegration, multiple cointegration and causality of sectors in TSX have been examined. The empirical results show that majority of the sectors in TSX do not share high correlation with each other and they are also not highly cointegrated. These empirical findings indicate that TSX presents attractive opportunities for domestic portfolio diversification.


2021 ◽  
Author(s):  
Erjon Gjoci

Abstract This empirical research paper provides ample evidence for policy makers to readdress the immigration policy--especially H1-B visa cap restrictions. The paper is focused on employment shifts and human capital achievement for two groups: the U.S. born and foreign-born working within the United States manufacturing industry. The manufacturing industry is the largest industry employer in the country, and it is in the brink of being at a disadvantage in the global stage due to labor shortage as the workforce ages. The paper uses data for three-year periods--2000, 2010, and 2019--from U.S. Census, The American Community Survey (ACS), Public Use Microdata Sample (PUMS) files, thus providing an overview in labor trends and the human capital needed for the industry to be competitive. The paper builds from the Mincer (1974) earnings function to determine hourly wages for the two groups and then uses the Oaxaca-Blinder (1973) method to measure potential bias between the U.S. born and foreign-born employees in the manufacturing industry. The results in this paper align with other recent research findings (Gest et al., 2021; Eckstein & Peri, 2018) that show immigration as a tool to economic competitiveness. The data trends and findings in this paper synchronize with Borjas and Edo (2021) insights indicating that the native-born may respond to supply shocks of immigration by moving to other labor markets that are not directly affected by immigration.


2010 ◽  
Vol 44 (5) ◽  
pp. 1125-1137 ◽  
Author(s):  
Nejdet Delener

Tourism is one of the largest U.S. industries, serving millions of international and domestic tourists yearly. Tourists visit the U.S. to see natural wonders, cities, historic landmarks, and entertainment venues. Americans seek similar attractions as well as recreation and vacation areas. Tourism competes in the global market, so it is important to understand current trends in the U.S. travel industry. Therefore, this article offers insight into important trends and suggests strategies for policy makers involved in the travel and tourism industry.


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