Arbeitspapier

Geography and Intra-National Home Bias: U.S. Domestic Trade in 1949 and 2007

This paper examines home bias in U.S. domestic trade in 1949 and 2007. We use a unique data set of 1949 carload waybill statistics produced by the Interstate Commerce Commission, and 2007 Commodity Flow Survey data. The results show that home bias was considerably smaller in 1949 than in 2007 and that home bias in 1949 was even negative for several commodities. We argue that the difference between the geographical distribution of the manufacturing activities in 1949 and that of 2007 is an important factor explaining the differences in the magnitudes of home-bias estimates in those years.

Language
Englisch

Bibliographic citation
Series: School of Economics Discussion Papers ; No. 1302

Classification
Wirtschaft
Empirical Studies of Trade
Trade and Environment
Subject
intra-national home bias
spatial clustering
manufacturing belt
gravity equation
Interregionaler Handel
Home Bias Puzzle
Industrie
Regionales Cluster
Gravitationsmodell
Schätzung
USA

Event
Geistige Schöpfung
(who)
Crafts, Nicholas
Klein, Alexander
Event
Veröffentlichung
(who)
University of Kent, School of Economics
(where)
Canterbury
(when)
2013

Handle
Last update
10.03.2025, 11:43 AM CET

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Object type

  • Arbeitspapier

Associated

  • Crafts, Nicholas
  • Klein, Alexander
  • University of Kent, School of Economics

Time of origin

  • 2013

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