NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy

Lorenzo Caliendo, Fernando Parro, Esteban Rossi-Hansberg, Pierre-Daniel Sarte

NBER Working Paper No. 20168
Issued in May 2014, Revised in March 2017
NBER Program(s):EFG, ITI

We study the impact of intersectoral and interregional trade linkages in propagating disaggregated productivity changes to the rest of the economy. Using regional and industry data we obtain the aggregate, regional and sectoral elasticities of measured TFP, GDP, and employment to regional and sectoral productivity changes. We find that the elasticities vary significantly depending on the sectors and regions affected and are importantly determined by the spatial structure of the economy. We use these elasticities to perform a variety of counterfactual exercises including a detailed study of the effects of the boom in the Computers and Electronics industry in California.

download in pdf format
   (2542 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w20168

Users who downloaded this paper also downloaded* these:
Caliendo and Parro w18508 Estimates of the Trade and Welfare Effects of NAFTA
Redding and Turner w20235 Transportation Costs and the Spatial Organization of Economic Activity
Bastos, Silva, and Verhoogen w20143 Export Destinations and Input Prices
Berger and Vavra w20175 Consumption Dynamics During Recessions
Kelly, Lustig, and Van Nieuwerburgh w19466 Firm Volatility in Granular Networks
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us