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2. Assessing How Foreign State-Owned Enterprises' U.S. Based Operations Disrupt U.S. Jobs
- Author:
- Oxford Economics
- Publication Date:
- 06-2019
- Content Type:
- Commentary and Analysis
- Institution:
- Oxford Economics
- Abstract:
- The entrance of a Chinese state-owned enterprise (SOE) in the transit passenger railcar manufacturing sector disrupts the current private-sector competitive railcar manufacturing sector in the U.S. In this study, Oxford Economics measures the net effects, stemming from this disruption by quantifying the loss to U.S. jobs, income and GDP that result from anti-competitive SOE practices. Even when domestic protective measures, such as 'Buy America' are put in place loss due to the SOE offshoring key apsects of their supply chain quickly accumulates--especially given the size and duration of municipal transit railcar contracts. We estimate that for every $1 billion in new contracts awarded to a Chinese SOE, the U.S. loses between 3,250 and 5,100 jobs.
- Topic:
- Hegemony, Employment, State Actors, Manufacturing, Job Creation, Supply Chains, and Contracts
- Political Geography:
- China, Asia, North America, and United States of America
3. Will We Derail US Freight Rolling Stock Production?
- Author:
- Oxford Economics
- Publication Date:
- 05-2017
- Content Type:
- Commentary and Analysis
- Institution:
- Oxford Economics
- Abstract:
- US freight railcar manufacturers contribute $6.5 billion to U.S. GDP and support nearly 65,000 jobs. However, increased global competition and evidence suggesting unfair business practices puts this contribution at risk. Oxford Economics conducted an original study that evaluates the practices of Chinese state-owned enterprises' (SOE) push into the U.S. market and the potential risks to domestic manufacturers and domestic supply chains. The study focuses primarily on U.S. freight railcar production and includes consequences from a similar experience in Australia's freight railcar production, when faced with the entrance of Chinese SOEs.
- Topic:
- Economics, Hegemony, State Actors, and Transportation
- Political Geography:
- China, Asia, Australia, Australia/Pacific, North America, and United States of America