Subhayu Bandyopadhyay is an economist and research officer at the Federal Reserve Bank of St. Louis, and editor of the Regional Economist. His research interests include international trade, development economics and public economics. He has been at the St. Louis Fed since 2007. Read more about the author and his research.
Civilian aircraft, soybeans, motor vehicles and microchips are the biggest U.S. exports to China, and production of these goods is geographically concentrated. In the case of soybeans, 10 states produced 79 percent of the U.S. crop in 2016.
Terrorism destroys life and property. But developing countries suffer more in terms of economic growth, foreign direct investment and trade.
St. Louis Fed quarterly has changed much in 25 years. More changes are ahead: a new design and the publishing online of each article as it is finished.
Find out how the two groups compare on the national level as a whole as well as in the states with the highest/lowest percentage of immigrants.
Where do most of our immigrants come from? Which are the most popular and least popular states for settlement? These are not just trivia contest questions—the answers are important for those who make policy and budget decisions on the state and federal levels.
The percentage of foreign-born in the four major metro areas of the District is smaller than for the nation as a whole. However, some of the metro areas are showing faster growth in their Asian, African and Latin American populations than is the nation overall.
Much is known about the effects of unauthorized immigration on the nation as a whole. But little research has been done so far on the impact of states’ efforts to curb the influx—efforts such as the E-Verify program.
In the past, the study of international trade often focused on differences in labor, land and capital, as well as the distance between trading partners. But economists are increasingly looking at the role played by institutions, specifically those that enforce contracts and curb corruption.
Studies show that developing countries struck by terrorists not only lose lives and property but also potential for economic growth.
The root causes of terrorism might not be poverty and lack of education, as many believe. Rather, the lack of civil liberties, political rights and the rule of law might be more influential.