The agglomeration by destination of U.S. state exports
Exporting firms in France, the Netherlands, and Russia cluster by destination beyond that expected by GDP or ports (Choquette and Meinen 2011; Koenig 2009). It is unknown if this also occurs in the United States. The difficulty of obtaining U.S. customs data is the reason this remains unknown. Using the aggregate reduced form equation based on a firm-level theory of exporter agglomeration in Cassey and Schmeiser (2012), we estimate the coefficient on an agglomeration variable as measured by aggregate export weight and test its statistical significance. We find a 1% increase in aggregate weight increases exports by 0.4%. This estimate is economically and statistically significant and robust.
Volume (Year): 33 (2013)
Issue (Month): 2 ()
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