World Price-Sensitive Goods: A U.S. Macro, Sectoral and State-Level Analysis

28 Pages Posted: 29 Nov 2007

Date Written: March 31, 2005

Abstract

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

Tsigas, Marinos E., World Price-Sensitive Goods: A U.S. Macro, Sectoral and State-Level Analysis (March 31, 2005). Available at SSRN: https://ssrn.com/abstract=1033481 or http://dx.doi.org/10.2139/ssrn.1033481

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