Arbeitspapier

Within US Trade and the Long Shadow of the American Secession

Using data from the US commodity flow surveys, we show that the historical Union-Confederacy border lowers contemporaneous trade between US states by about 16 percentrelative to trade flows within the former alliances. Amongst one million placebos, thereis no other constellation of state grouping that would yield a larger border effect. Thefinding is robust over different econometric models, treatment of the rest of the world,available survey waves, or levels of aggregation. Including contemporaneous controls,such as network, institutional or demographic variables, and Heckscher-Ohlin or Linderterms, lowers the estimate only slightly. Historical variables, such as the incidence ofslavery, do not explain the effect away. Adding US states unaffected by the Civil War,we argue that the friction is not merely reflecting unmeasured North-South differences.Finally, the estimated border effect is larger for differentiated than for homogeneousgoods, stressing the potential role for cultural factors and trust.

Sprache
Englisch

Erschienen in
Series: ifo Working Paper ; No. 117

Klassifikation
Wirtschaft
Economic Integration
Economic History: Transport, Trade, Energy, Technology, and Other Services: U.S.; Canada: 1913-
Regional and Urban History: U.S.; Canada: 1913-
Cultural Economics; Economic Sociology; Economic Anthropology: General
Thema
American Secession
border effect
intranational trade
gravity
US state levels
Interregionaler Handel
USA
Bürgerkrieg
Separatismus
Grenzgebiet
Geschichte
USA (Nordstaaten)
USA (Südstaaten)

Ereignis
Geistige Schöpfung
(wer)
Felbermayr, Gabriel
Gröschl, Jasmin
Ereignis
Veröffentlichung
(wer)
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
(wo)
Munich
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Felbermayr, Gabriel
  • Gröschl, Jasmin
  • ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Entstanden

  • 2011

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