Growth and Technological Leadership in US Industries: A Spatial Econometric Analysis at the State Level, 1963-1997



Table 1: Productivity Levels and Variation across States.

Sectors

___________1963__________

____________1997___________

Average

Coefficient
of Variation
(%)

Average

Coefficient
of Variation
(%)

Mining

71641

60

134022

50

Construction

40822

16

57800

17

Manufacturing

40344

23

76173

29

Transportation and Public Utility

61941

11

105626

14

Wholesale Trade/ Retail trade

35602

9

41565

13

F.I.R.E

128474

20

192468

25

Service

32900

14

42534

17

Government

33321

18

48331

17

Total

43574

13

61755

15

Table 2: Output and Employment Shares across States.____________________________________________________

Sectors

Output Shares

Employment Shares

1963

1997

1963

1997

Mining

2.3

1.5

1.1

0.5

Construction

4.9

4.2

5.2

4.6

Manufacturing

28.3

17.6

30.2

15.3

Transportation and Public Utility

9.4

8.5

6.9

5.2

Wholesale Trade/ Retail trade

17.4

16.0

20.8

23.3

F.I.R.E

14.6

19.2

5.0

5.8

Service

10.9

20.7

14.3

29.1

Government

12.3

12.3

16.5

16.2

Total

100

100_______

_______100

100

Table 3: Average Annual Growth Rate and Variation across States (percent), 1963—1997.

Sectors

All States

Average

Coefficient

______of Variation__________

Mining

3.33

57

Construction

1.10

47

Manufacturing

2.04

51

Transportation and Public Utility

1.65

28

Wholesale Trade/ Retail trade

0.47

61

F.I.R.E

1.30

56

Service

0.77

57

Government

1.14

32

Total

1.05________

__________38______________

22



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