Distribution of Consumption, Production and Trade within the U.S.

Yilmazkuday, Hakan (2009): Distribution of Consumption, Production and Trade within the U.S.

Abstract

This paper attempts to determine the main motivation behind intranational and international trade by introducing a model that considers the distributions of production and consumption within the U.S. at the industry level. On the consumption side, industry- and state-specific international imports and elasticities of substitution are shown to be systematically connected to consumption agglomeration effects, while on the production side, industry- and state-specific international exports and intermediate input trade are shown to be systematically connected to production agglomeration and specialization effects. Industry structures also play an important role in the determination and magnitude of these effects.

• Item Type: MPRA Paper
• Language: English
• Keywords: Regional Trade; Intermediate Inputs; The United States
• Subjects: R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R13 - General Equilibrium and Welfare Economic Analysis of Regional Economies; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location > R32 - Other Spatial Production and Pricing Analysis; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R12 - Size and Spatial Distributions of Regional Economic Activity

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