The effects of exchange rate and relative productivity changes on US industrial output at the state level

Auteurs :
CARLINO, G.
VOITH, R.
CODY, B.

Description :
This paper considers the effects of a changing dollar on aggregate state output, and for the agricultural, manufacturing and all other sectors for the contiguous 48 US states during the period 1972-89. After controlling for productivity differentials between the US and its major trading partners, the findings indicate that in the long run, states have more to fear from slow productivity growth than from fluctuations in the dollar.


Type de document :
Article de périodique

Source :
Urban studies (Harlow), issn : 0042-0980, 1994, vol. 31, n°. 2, p. 219-232, Collation : Illustration, Références bibliographiques : 12 réf.

Date :
1994

Editeur :
Pays édition : Royaume-Uni, Harlow, Longman Group