Felbermayr, Gabriel; Gröschl, Jasmin - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2011
Using data from the US commodity flow surveys, we show that the historical Union-Confederacy border lowers contemporaneous trade between US states by about 16 percentrelative to trade flows within the former alliances. Amongst one million placebos, thereis no other constellation of state...