Will the Tenth District catch the Asian flu?
AbstractWhile the impacts of the Asian financial turmoil on the United States have been widely discussed and studied, few analysts have looked at the likely impact on the Tenth District Economy. Gazel and Lamb examine the negative impacts of the Asian financial turmoil on the Tenth District and find that while the overall impact on the district economy is likely to be moderate, some segments of the economy could be hurt significantly. Two important sectors of the Tenth District economy likely to be affected by the Asian economic crisis are manufacturing and agriculture.> District manufacturing activity is concentrated in several industries that could be negatively affected by the Asian crisis, especially electronics and food processing. Moreover, manufacturing activity has risen sharply in Tenth District states in recent years and manufacturing employment now accounts for almost 13 percent of total employment, making declines in manufacturing activity potentially serious for the district.> Another important sector in the Tenth District economy is agriculture, which accounts for a large share of economic activity in some district states. Moreover, agriculture is heavily dependent on exports to support demand for its products. Within agriculture, some specific commodities such as wheat, soybeans, and red meat are likely to be negatively affected by the Asian crisis.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Federal Reserve Bank of Kansas City in its journal Economic Review.
Volume (Year): (1998)
Issue (Month): Q II ()
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Patricia S. Pollard & Cletus C. Coughlin, 1999. "Going down: the Asian crisis and U.S. exports," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 33-46.
- Cletus C. Coughlin & Patricia S. Pollard, 2000. "State exports and the Asian crisis," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 3-14.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lu Dayrit).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.