Michigan's Stake in International Trade and Investment

Alan Deardorff

No 497, Working Papers from Research Seminar in International Economics, University of Michigan

Abstract: This paper provides descriptive data on the interactions of the economy of the State of Michigan with the rest of the world outside the United States. Most of the focus is on international trade and investment, with specific attention to Michigan's exports and the foreign ownership of establishments in Michigan. For both of these, data are presented on the size of these international transactions by value and by employment, comparison of these with other states, their industry composition, and their foreign-country composition. It is noted that Michigan is one of the largest exporting states in the nation, with the largest share of these exports being in the transportation equipment industry, and with most of these exports destined for Canada and Mexico. Foreign ownership is also important in Michigan, although not as important as trade.

Keywords: Foreign direct investment; Michigan trade (search for similar items in EconPapers)
JEL-codes: F1 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:mie:wpaper:497

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