Cover; Half Title; Title; Copyright; Dedication; Contents; Tables and Figures; Preface; Acknowledgments; 1 Introduction: International Trade and Regional Economies; The Globalization of the U.S. Economy; The States as the Primary Actors in Regional Development Policy; Exports and Economic Development; State and Regional Factors Affecting International Trade; The EC-92 Program; The States and Trade with the European Union; Plan of the Book; 2 The States' Exposure to Trade with the European Union; State Trade Balances: A Problematic Endeavour; Regional Trade Data in the United States
International Trade Patterns of the States and RegionsPatterns of State and Regional Trade with the European Union; Sectoral Variations as a Factor in State Exposures; Summary: States, Trade and the European Union; 3 The Trade Component of Regional Economic Growth; Analyzing Regional Economic Growth Through Shift-Share Analysis; Modelling the Contribution of Trade to Growth, 1983-1990; Modelling Trade with the European Union; Summary: The Trade Factor in Regional Economic Growth; 4 The Regional Economic Impact of European Integration; Common Markets and Customs Unions
Quantitative Estimates of EC-92's ImpactsU. S. Policy Considerations in the Wake of EC-92; The Potential Impacts of EC-92 on the Trade of the U.S. States and Regions; Modelling the Impact of European Integration; A Shift-Share Forecasting Model of the Effects of EC-92 on the Exports of U.S. States to the European Union; Discussion: Modelling the Regional Impacts of External Trade Events; 5 Summary: International Trade and Regional Policy; The Regional Economic Impact of Trade; The Practicalities of Regional Trade Analysis; Trade Events and Regional Outcomes: the Case of EC-92
The External Imperative for Regional PolicyAppendix 1: Constructing the Data Set; Appendix 2: The European Union: Evolution and Integration; Bibliography; Index; About the Book and Author
Summary
This book considers the issue of regional exposure to external economic events, exploring the role of trade in the performance of American states. It focuses on the case of trade with the European Community, analyzing the potential impacts of its integration on trade with individual states
