A methodology for comparing manufacturing industry costs at the state level |
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| Affiliation: | 1. School of Management, Northwestern Polytechnical University, Xi''an 710072, China;2. NUS Business School and the Logistics Institute-Asia Pacific, National University of Singapore, Singapore;1. Lewis B. and Dorothy Cullman Chemoprotection Center, Department of Pharmacology & Molecular Sciences, School of Medicine, Johns Hopkins University, Baltimore, MD, USA;2. Center for Human Nutrition, Department of International Health, Bloomberg School of Public Health, Johns Hopkins University, Baltimore, MD, USA;3. New Zealand Institute for Plant and Food Research Limited, Lincoln, New Zealand |
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| Abstract: | This article develops and applies a methodology for a comparative cost analysis for manufacturing industries. Location variations in labor, energy, transportation and tax costs are analyzed for representative firms constructed for the twenty two-digit Standard Industrial Classifications. The results of the analysis include an estimate of the interstate variation of these business costs for manufacturing industries and an idea of the relative importance of these four business cost components among industries and across states. |
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