State Exports and the Asian Crisis (ICPSR 1216)
Version Date: May 2, 2000 View help for published
Principal Investigator(s): View help for Principal Investigator(s)
Cletus C. Coughlin, Federal Reserve Bank of St. Louis;
Patricia S. Pollard, Federal Reserve Bank of St. Louis
https://doi.org/10.3886/ICPSR01216.v1
Version V1
Summary View help for Summary
The Asian financial crisis caused a decline in most states' exports of manufactured goods to East Asia during 1998, but the severity of the decline varied across states. In this article, the authors estimate the size of this export shock for all states. Primarily because western states tend to be more dependent on East Asian markets for export sales, they were hit the hardest by the sharp reduction in Asian demand for United States-produced manufactured goods. Of the states in which the decline in exports to East Asia lowered the growth of manufacturing output by more than 1 percent, two-thirds were western states. The export changes caused by the Asian crisis, however, were found to matter little for manufacturing employment growth across states during 1998. Meanwhile, states with a high concentration of manufacturing industries that use petroleum products extensively as an input tended to have larger manufacturing employment increases during 1998 than other states. Consequently, the authors conclude that the oil price declines during late 1997 and 1998, some portion of which can be attributed to the Asian crisis, appear to be more important than the export effects in influencing manufacturing employment across states.
Citation View help for Citation
Export Citation:
Subject Terms View help for Subject Terms
Geographic Coverage View help for Geographic Coverage
Distributor(s) View help for Distributor(s)
Data Collection Notes View help for Data Collection Notes
-
The files submitted are 0001ccd.zip, which unzips to the data file 0001ccd.xls, and 0001ccp.zip, which unzips to 0001ccp.doc, the program.
-
These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
Original Release Date View help for Original Release Date
2000-05-02
Version History View help for Version History
- Coughlin, Cletus C., and Patricia S. Pollard. State Exports and the Asian Crisis. ICPSR01216-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2000-05-02. http://doi.org/10.3886/ICPSR01216.v1
Notes
These data are flagged as replication datasets and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.
The public-use data files in this collection are available for access by the general public. Access does not require affiliation with an ICPSR member institution.