Rural Economic Development Prospects in a High Energy Cost Environment
Rural America is a diverse landscape ranging from rapidly growing amenity rich communities to struggling resource-based towns and villages. A key feature is that rural population growth quickly tails off for rural communities more distant from urban centers. A long period of higher energy prices will put particular pressures on exurban and more remote rural communities that rely on urban commuting. The adverse effects will also be felt in resource-based communities. The combination of urban-centered rural growth and higher energy costs suggests the following: â€¢ More regional planning mechanisms are needed to ensure rural areas participate in urban growth; â€¢ The adverse effects of high energy costs in remote rural communities will need special policy supports including infrastructure investments and planning for (remote) rural to urban in-migration; â€¢ Higher energy costs and mortgage rates will put pressures on exurban property values, leading to local property tax shortfalls that may force state intervention. Because past trends are likely unsustainable, future infrastructure planning should be based on realistic expectations of exurban growth; â€¢ Higher energy costs will likely place strains on overcommitted exurban households, requiring workplace supports to ensure their financial viability.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Romana Khan & Peter F. Orazem & Daniel M. Otto, 2001.
"Deriving Empirical Definitions of Spatial Labor Markets: The Roles of Competing Versus Complementary Growth,"
Journal of Regional Science,
Wiley Blackwell, vol. 41(4), pages 735-756.
- Khan, Romana & Orazem, Peter & Otto, Daniel, 2001. "Deriving Empirical Definitions of Spatial Labor Markets: The Roles of Competing Versus Complementary Growth," Staff General Research Papers 5205, Iowa State University, Department of Economics.
- Khan, Romana & Orazem, Peter F. & Otto, Daniel M., 1998. "Deriving Empirical Definitions Of Spatial Labor Markets: The Roles Of Competing Versus Complementary Growth," 1998 Annual meeting, August 2-5, Salt Lake City, UT 21007, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Mark D. Partridge & Dan S. Rickman, 2006. "The Geography of American Poverty: Is There a Need for Place-Based Policies?," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number gap, November.
- Steven C. Deller & Tsung-Hsiu (Sue) Tsai & David W. Marcouiller & Donald B.K. English, 2001. "The Role of Amenities and Quality of Life In Rural Economic Growth," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 352-365.
When requesting a correction, please mention this item's handle: RePEc:ags:jrapmc:132979. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.