Rc. Gazel et Rk. Schwer, GROWTH OF INTERNATIONAL EXPORTS AMONG THE STATES - CAN A MODIFIED SHIFT-SHARE ANALYSIS EXPLAIN IT, International regional science review, 21(2), 1998, pp. 185-204
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.