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Economic Dualism And Finance: The Lower Mississippi Delta

Author

Listed:
  • William Weber

    (Southeast Missouri State University)

  • Michael Devaney

    (Southeast Missouri State University)

Abstract

A multiple discriminant model is used to test the pervasive nature of economic dualism in the Lower Mississippi Delta Region (LMDR). Much of the policy discussion by The Delta Commission and the Congressional Delta Caucus has tended to focus on local financial constraints. While bank deposits and restrictive branching laws entered the discriminant function, our results suggest that the problems of the Delta are economically and socially pervasive. In addition to finance, public policy in the LMDR should also promote investment in human capital.

Suggested Citation

  • William Weber & Michael Devaney, 1995. "Economic Dualism And Finance: The Lower Mississippi Delta," The Review of Regional Studies, Southern Regional Science Association, vol. 25(1), pages 57-78, Summer.
  • Handle: RePEc:rre:publsh:v:25:y:1995:i:1:p:57-78
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    References listed on IDEAS

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