The Effects Of Rurality And Industrial Specialization On Income Growth: U.S. Counties 2000 To 2003
AbstractThis paper— part of a comprehensive project on industry clusters and rural competitiveness— explores the role of industrial specialization and rurality on economic performance for counties in the continental United States. Regression models are estimated that evaluate the impact of industry cluster-specific employment shares on per capita income growth overall, as well as in a sequence of different contextual settings. Overall, the results suggest that economic disparities across U.S. counties will diminish. The results also suggest that economic specialization “per se” is not a guarantee for economic growth. Instead, economic growth very much depends on the type of specialization and the contextual setting, with distinct differences between, for example, the metropolitan sphere, the rural sphere, and the rural-metro interface.
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Bibliographic InfoPaper provided by Purdue University, College of Agriculture, Department of Agricultural Economics in its series Working Papers with number 07-01.
Length: 20 pages
Date of creation: 2007
Date of revision:
Manufactured Housing; Economic Growth; Industry Clusters; Rural America;
Find related papers by JEL classification:
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
This paper has been announced in the following NEP Reports:
- NEP-AGR-2007-06-11 (Agricultural Economics)
- NEP-ALL-2007-06-11 (All new papers)
- NEP-GEO-2007-06-11 (Economic Geography)
- NEP-URE-2007-06-11 (Urban & Real Estate Economics)
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