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

Nicholas Crafts and Alexander Klein

No 9309, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper examines home bias in U. S. domestic trade in 1949 and 2007. We use a unique dataset 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 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.

Keywords: Gravity equation; Intra-national home bias; Manufacturing belt; Spatial clustering (search for similar items in EconPapers)
JEL-codes: F14 N72 (search for similar items in EconPapers)
Date: 2013-01
New Economics Papers: this item is included in nep-geo and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP9309 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Geography and intra-national home bias: U.S. domestic trade in 1949 and 2007 (2015)
Working Paper: Geography and Intra-National Home Bias: U.S. Domestic Trade in 1949 and 2007 (2013)
Working Paper: Geography and Intra-National Home Bias: U.S. Domestic Trade in 1949 and 2007 (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:9309

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP9309

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().