Manufacturing export performance at the state level, 1963-1980
AbstractIn the 1960s and 1970s international trade was increasingly important for employment and economic growth at the state level; however, scholarly research on the numerous issues concerning international trade and state economic activity is negligible. The present research uses a Heckscher-Ohlin-Vanek framework to examine the international trade performance of all fifty states for selected years between 1963 and 1980. A cross-section analysis generates specific conclusions concerning the determinants of manufacturing export performance at the state level. An extension of the analysis using pooled data generates specific conclusions concerning the determinants of manufacturing export performance and how these determinants changed throughout the period. Physical capital and human capital were statistically significant determinants throughout the period and the importance of these factors changed over time. The importance of physical capital decreased continuously, while the importance of human capital increased continuously.
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Bibliographic InfoPaper provided by Federal Reserve Bank of St. Louis in its series Working Papers with number 1987-008.
Date of creation: 1987
Date of revision:
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- Robert Z. Lawrence, 1983. "Is Trade Deindustrializing America? A Medium-Term Perspective," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 14(1), pages 129-172.
- John R. Moroney & James M. Walker, 1966. "A Regional Test of the Heckscher-Ohlin Hypothesis," Journal of Political Economy, University of Chicago Press, vol. 74, pages 573.
- Leamer, Edward E & Bowen, Harry P, 1981. "Cross-Section Tests of the Heckscher-Ohlin Theorem: Comment [Factor Abundance and Comparative Advantage]," American Economic Review, American Economic Association, vol. 71(5), pages 1040-43, December.
- Gary Hufbauer, 1970. "The Impact of National Characteristics & Technology on the Commodity Composition of Trade in Manufactured Goods," NBER Chapters, in: The Technology Factor in International Trade, pages 143-232 National Bureau of Economic Research, Inc.
- Baldwin, Robert E, 1971. "Determinants of the Commodity Structure of U.S. Trade," American Economic Review, American Economic Association, vol. 61(1), pages 126-46, March.
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