World Price-Sensitive Goods: A U.S. Macro, Sectoral and State-Level Analysis
28 Pages Posted: 29 Nov 2007
Date Written: March 31, 2005
This paper examines the sensitivity of the U.S. national and state economies to foreign costs utilizing estimates of elasticity-type measures, which incorporate the effects of complete adjustment in all factor and product markets to a shock in the supply of a given foreign commodity.
Suggested Citation: Suggested Citation