Clark, Don P.; Sawyer, W. Charles; Sprinkle, Richard L. - In: The Review of Regional Studies 27 (1997) 2, pp. 185-193
This paper constructs a trade-weighted regional exchange rate index for the Southern states and compares it to a similar index comprising the rest of the United States. Results indicate there are nontrivial differences between them. The two indexes are not cointegrated, and the index comprising...
