The Employment Impact of Differences in Dmand and Production



Table 7. Effect of Alternative (Country) Final Demand Vectors on US Employment
(% of US employment)

STEP 1

Service

Mix

(1)

STEP 2
Service

Share

(2)

STEP 3

Manuf
Mix
(3)

TOTAL

Final Demand

Mix

(4)

Country

UK

3.04

-2.40

0.85

1.49

GERMANY

2.93

-1.66

0.69

1.95

FRANCE

7.48

-2.03

-0.24

5.21

NL

4.32

-1.46

2.93

5.78

SPAIN

1.16

-1.42

2.84

2.58

STEP 1: US total, US manufacturing mix, US service share in final demand, country service mix

STEP 2: US total, US manufacturing mix, country service share in final demand, country service mix

STEP 3: US total, country manufacturing mix, country service share in final demand, country service mix

Table 8. Effect of US Final Demand Vectors on Employment in European Economies
(% of country employment)

STEP 1       STEP 2

Service         Service

Mix         Share


STEP 3       TOTAL

Manuf Final Demand


Mix            Mix


Country

UK

-6.10

0.59

1.47

-4.03

GERMANY

-10.50

1.48

-0.03

-9.05

FRANCE

-5.16

1.84

0.18

-3.14

NL

-6.77

2.03

1.41

-3.32

SPAIN

-5.96

-0.12

-2.65

-8.73

STEP 1: country total, country manufacturing mix, country service share in final demand, US service mix

STEP 2: country total, country manufacturing mix, US service share in final demand, US service mix

STEP 3: country total, US manufacturing mix, US service share in final demand, US service mix

83




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