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Economic Integration and Convergence: U.S. Regions, 1840-1987

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  • Sukkoo Kim
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    Abstract

    Despite the recent inroads made by models of interregional trade based on external" economies, the analysis of the long-run trends in U.S. regional specialization in agriculture manufacturing, wholesale trade, retail trade, services, and all economic activities indicate that" these trends are more consistent with explanations based on the neoclassical Heckscher-Ohlin" model. Furthermore, while the long-run trends in U.S. regional industrial structures do not" explain all the variations in regional income per capita, they played an important role in causing" U.S. regional incomes to diverge and then converge between the nineteenth and the twentieth" centuries.

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    File URL: http://www.nber.org/papers/w6335.pdf
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    Bibliographic Info

    Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 6335.

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    Date of creation: Dec 1997
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    Publication status: published as Kim, Sukkoo. "Regions, Resources, And Economic Geography: Sources Of U.S. Regional Comparative Advantage," Regional Science and Urban Economics, 1999, v29(1,Jan), 1-32.
    Handle: RePEc:nbr:nberwo:6335

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    Cited by:
    1. Yannis Ioannides & Henry G. Overman, 2004. "Spatial evolution of the US urban system," LSE Research Online Documents on Economics 600, London School of Economics and Political Science, LSE Library.
    2. Nikolay Nenovsky & Kalina Dimitrova, 2002. "Dual Inflation Under the Currency Board: The Challenges of Bulgarian EU Accession," William Davidson Institute Working Papers Series 487, William Davidson Institute at the University of Michigan.
    3. Nils Björksten, 2000. "Economic Catching up in the Enlarged Euro Area: Implications for the Common Monetary Policy," EUI-RSCAS Working Papers 52, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).

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