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Discussion: Economic Opportunities in Rural Communities

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  • Fannin, James Matthew

Abstract

Three economic opportunities are presented for rural areas in this invited paper session: selfemployment, investments in broadband infrastructure, and agritourism. Self-employment has shown growth in rural regions at the expense of wage and salary employment in the longterm. Production agriculture interests by themselves are unlikely to provide sufficient funding to expand infrastructure for broadband in rural areas. Agritourism approaches appear to be very wide ranging with many educational demands needing to be met to maximize its diversification possibilities. Research and extension faculty should be careful to focus on explaining the tradeoffs of these opportunities so that rural stakeholders do not fall victim to the latest academic economic development fad.

Suggested Citation

  • Fannin, James Matthew, 2012. "Discussion: Economic Opportunities in Rural Communities," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(3), pages 1-4, August.
    • Handle: RePEc:ags:joaaec:130270
    DOI: 10.22004/ag.econ.130270
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    References listed on IDEAS

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    1. Goetz, Stephan J. & Fleming, David A. & Rupasingha, Anil, 2012. "The Economic Impacts of Self-Employment," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(3), pages 315-321, August.
    2. Jeffcoat, Chris & Davis, Alison F. & Hu, Wuyang, 2012. "Willingness to Pay for Broadband Access by Kentucky Farmers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(3), pages 1-12, August.
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    Community/Rural/Urban Development;

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