• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKI, Google Scholar, Electronic Journals Library, Crossref, Ulrich's Periodicals Directory, MESLibrary, etc.
    • E-mail: joebm.editor@gmail.com
HOME > Archive > 2021 > Volume 9 Number 3 (Sept. 2021) >
JOEBM 2021 Vol.9(3): 56-59 ISSN: 2301-3567
DOI: 10.18178/joebm.2021.9.3.655

The Influence of Policy on Electronic Devices Manufacturing Reshoring under the Impact of Coronavirus Epidemic

Yueqi Yang

Abstract—As the topic of manufacturing reshoring becomes prevalent in manufacturing industry, the businesses have increasingly wondered the strategy of bringing back manufacturing jobs to the United States. The purpose of this paper is to evaluate the effects of policies which were made during coronavirus epidemic on the trend of reshoring manufacturing industry, with specific focus on computer and electronic devices manufacturing industry. There are three policies to be evaluated and analyzed: China’s lockdown policy, United States’ monetary policy and United States’ quarantine and social distancing policy. This research focuses on applying the theories and viewpoints of relevant journals to the influence of three policies. Moreover, this research collected and analyzed the data from government websites and reports of consulting companies. Simple statistical calculation was conducted in order to show the trend and compare before and after the policies were implemented. China's lockdown policy and United States' monetary policy have positive effects on the trend of electronic devices manufacturing reshoring. However, United States' quarantine and social distancing policy, which exacerbated the existing problem of labor shortage, are the obstacles for businesses to actually implement manufacturing reshoring.

Index Terms—Reshoring manufacturing, policy, covid-19, electronic devices manufacturing, supply chain, risks.

Yueqi Yang is with the Pennsylvania State University, USA (e-mail: yky5109@psu.edu).

[PDF]

Cite:Yueqi Yang, "The Influence of Policy on Electronic Devices Manufacturing Reshoring under the Impact of Coronavirus Epidemic," Journal of Economics, Business and Management vol. 9, no. 3, pp. 56-59, 2021.

Copyright © 2021 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

PREVIOUS PAPER
Research on the Correlation between China's Crude Oil Futures Market and Spot Market
NEXT PAPER
RETRACTED: Analysis on Marketing Strategy of Luxury Brand under the Context of New Media: Taking Gucci as An Example
Copyright © 2008-2024. Journal of Economics, Business and Management. All rights reserved.
E-mail: joebm.editor@gmail.com