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Sectoral growth across U.S. states : factor content, linkages, and trade

Author: J David Richardson; Pamela J Smith; National Bureau of Economic Research.
Publisher: Cambridge, MA. : National Bureau of Economic Research, ©1995.
Series: Working paper series (National Bureau of Economic Research), working paper no. 5094.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
Abstract: Employing a 'factor-content' model that relates sectoral growth to regional factor endowments, we find that 1) U.S. state factor endowments are reasonably strong correlates of cross-state sectoral growth in value-added, with patterns that accord well with intuition; 2) that inter-sectoral differences in productivity change are marked -- estimates range from negative to annual rates over 10 percent; 3)  Read more...
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Additional Physical Format: Print version:
Richardson, J. David.
Sectoral growth across U.S. states.
Cambridge, MA. : National Bureau of Economic Research, ©1995
(OCoLC)32577593
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: J David Richardson; Pamela J Smith; National Bureau of Economic Research.
OCLC Number: 51279771
Notes: "April 1995."
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource ([52] pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 5094.
Responsibility: J. David Richardson, Pamela J. Smith.

Abstract:

Abstract: Employing a 'factor-content' model that relates sectoral growth to regional factor endowments, we find that 1) U.S. state factor endowments are reasonably strong correlates of cross-state sectoral growth in value-added, with patterns that accord well with intuition; 2) that inter-sectoral differences in productivity change are marked -- estimates range from negative to annual rates over 10 percent; 3) little evidence of unusual growth linkages either from sector to sector or state to state, such as might be expected from recent discussions of externalities, ... 4) ... nor of correlation between unusually strong sectoral growth and unusual levels of export dependence, another putative channel of externalities. Our principle data set is a 1987-89 panel of: sector-by-sector, state-by-state value added and international exports, as well as state endowments of patents, structural capital, and as many as six types of labor. 'Unusual' growth and exports are defined as the residual growth and international exports left unexplained by endowments.

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