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Geography and intra-national home bias : U.S. domestic trade in 1949 and 2007

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Crafts, N. F. R. and Klein, Alexander (2015) Geography and intra-national home bias : U.S. domestic trade in 1949 and 2007. Journal of Economic Geography, 15 (3). pp. 477-497. doi:10.1093/jeg/lbu008

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Official URL: http://dx.doi.org/10.1093/jeg/lbu008

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Abstract

This article 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.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): United States -- Commerce -- 20th century, United States -- Commerce -- 21st century, Manufacturing industries -- United States -- 20th century, Manufacturing industries -- United States -- 21st century
Journal or Publication Title: Journal of Economic Geography
Publisher: Oxford University Press
ISSN: 1468-2702
Official Date: 3 May 2015
Dates:
DateEvent
3 May 2015Published
24 February 2014Accepted
26 April 2013Submitted
Volume: 15
Number: 3
Page Range: pp. 477-497
DOI: 10.1093/jeg/lbu008
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access

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