GROWTH OF INTERNATIONAL EXPORTS AMONG THE STATES - CAN A MODIFIED SHIFT-SHARE ANALYSIS EXPLAIN IT

This paper develops a modified shift-share model for foreign exports o f states. We identify the sectoral mix as a proxy for supply condition s and the relative mix of foreign markets as a proxy for demand condit ions. We measure the relative importance of both demand and supply fac tors using the MISER data set. The results suggest that demand conditi ons are as important, if not more so, than supply conditions in explai ning recent foreign export among states.