Changes in U.S. Industrial Structure: The Role of Global Forces, Secular Trends, and Transitory Cycles

doi:10.4324/9781315703671-21

Chapter

Changes in U.S. Industrial Structure: The Role of Global Forces, Secular Trends, and Transitory Cycles

ABSTRACT

Excerpted from Industrial Change and Public Policy (Federal Reserve Bank of Kansas City, August 1983), pp. 29–77. Robert Z. Lawrence is a senior fellow of the Brookings Institution.