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Intra-national Home Bias: Some Explanations / Russell Hillberry, David Hummels.
- Format:
- Book
- Author/Creator:
- Hillberry, Russell.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w9022.
- NBER working paper series no. w9022
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Intra-national Home Bias
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2002.
- Summary:
- Wolf (2000) demonstrates that trade within the U.S. appears substantially impeded by state borders. We revisit this finding with improved data. We show that much intra-national home bias can be explained by wholesaling activity. Shipments by wholesalers are much more localized within states than shipments from manufacturing establishments. Controlling for relative prices and the use of actual, rather than imputed, shipment distances also reduces home bias estimates.
- Notes:
- Print version record
- June 2002.
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