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Is Uncertainty Causing Reshoring? A Comparative study of U.S. pharmaceutical manufacturing and electrical manufacturing 1998-2020

Isander, Alma LU (2024) EOSK12 20241
Department of Economic History
Abstract
Discourse of reshoring as a possible risk mitigation strategy during times of uncertainty has during the recent decade become more prominent. This thesis examines the casual relationship between uncertainty and reshoring within the electrical manufacturing and pharmaceutical manufacturing industries in the U.S. The research question proposed is: How efficient are measures of uncertainty in predicting future reshoring patterns within the U.S. pharmaceutical manufacturing and electrical manufacturing industries? The thesis builds upon classic international trade theory to formulate an understanding of the causes of reshoring relating to industry complexity and centrality in times of uncertainty. The findings suggest a relationship between... (More)
Discourse of reshoring as a possible risk mitigation strategy during times of uncertainty has during the recent decade become more prominent. This thesis examines the casual relationship between uncertainty and reshoring within the electrical manufacturing and pharmaceutical manufacturing industries in the U.S. The research question proposed is: How efficient are measures of uncertainty in predicting future reshoring patterns within the U.S. pharmaceutical manufacturing and electrical manufacturing industries? The thesis builds upon classic international trade theory to formulate an understanding of the causes of reshoring relating to industry complexity and centrality in times of uncertainty. The findings suggest a relationship between reshoring and uncertainty within the pharmaceutical manufacturing industry, but such a relationship is not found in the case of electrical manufacturing. (Less)
Please use this url to cite or link to this publication:
author
Isander, Alma LU
supervisor
organization
course
EOSK12 20241
year
type
M2 - Bachelor Degree
subject
keywords
Reshoring, Manufacturing, Uncertainty
language
English
id
9167807
date added to LUP
2024-07-29 10:50:36
date last changed
2024-07-29 10:50:36
@misc{9167807,
  abstract     = {{Discourse of reshoring as a possible risk mitigation strategy during times of uncertainty has during the recent decade become more prominent. This thesis examines the casual relationship between uncertainty and reshoring within the electrical manufacturing and pharmaceutical manufacturing industries in the U.S. The research question proposed is: How efficient are measures of uncertainty in predicting future reshoring patterns within the U.S. pharmaceutical manufacturing and electrical manufacturing industries? The thesis builds upon classic international trade theory to formulate an understanding of the causes of reshoring relating to industry complexity and centrality in times of uncertainty. The findings suggest a relationship between reshoring and uncertainty within the pharmaceutical manufacturing industry, but such a relationship is not found in the case of electrical manufacturing.}},
  author       = {{Isander, Alma}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Is Uncertainty Causing Reshoring? A Comparative study of U.S. pharmaceutical manufacturing and electrical manufacturing 1998-2020}},
  year         = {{2024}},
}