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Sustainable Rural Development and Wealth Creation

Author

Listed:
  • John L. Pender

    (U.S. Department of Agriculture, Economic Research Service, Washington, DC, USA)

  • Jeremy G. Weber

    (U.S. Department of Agriculture, Economic Research Service, Washington, DC, USA)

  • Jason P. Brown

    (Federal Reserve Bank of Kansas City, Kansas City, MO, USA)

Abstract

In this article, the authors argue that better data and research on rural wealth creation are greatly needed and present a conceptual framework to help guide such research. The authors then discuss five observations about rural wealth creation, based on examples drawn from the recent literature on emerging energy industries in rural America. The cases show that the types of data needed to draw conclusions about wealth effects of new development are highly contextual. The framework can help researchers think about the types of data needed to assess policy.

Suggested Citation

  • John L. Pender & Jeremy G. Weber & Jason P. Brown, 2014. "Sustainable Rural Development and Wealth Creation," Economic Development Quarterly, , vol. 28(1), pages 73-86, February.
  • Handle: RePEc:sae:ecdequ:v:28:y:2014:i:1:p:73-86
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    File URL: http://edq.sagepub.com/content/28/1/73.abstract
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    Citations

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    Cited by:

    1. Brown, Jason P. & Fitzgerald, Timothy & Weber, Jeremy G., 2016. "Capturing rents from natural resource abundance: Private royalties from U.S. onshore oil & gas production," Resource and Energy Economics, Elsevier, vol. 46(C), pages 23-38.
    2. Turner, Katrine Grace & Anderson, Sharolyn & Gonzales-Chang, Mauricio & Costanza, Robert & Courville, Sasha & Dalgaard, Tommy & Dominati, Estelle & Kubiszewski, Ida & Ogilvy, Sue & Porfirio, Luciana &, 2016. "A review of methods, data, and models to assess changes in the value of ecosystem services from land degradation and restoration," Ecological Modelling, Elsevier, vol. 319(C), pages 190-207.
    3. Bugden, Dylan & Kay, David & Glynn, Russell & Stedman, Richard, 2016. "The bundle below: Understanding unconventional oil and gas development through analysis of lease agreements," Energy Policy, Elsevier, vol. 92(C), pages 214-219.
    4. Kim, Jinhyoung & Johnson, Thomas & Pender, John & Fannin, J. Matthew, 2016. "Comprehensive Wealth Measurement and Spatial Hedonic Analysis: Social Amenities as Externalities of Social Capital," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 242362, Agricultural and Applied Economics Association.
    5. Marre, Alexander W., 2014. "Rural and Urban Differences in Household Wealth Accumulation: What Role Do Demographics, Wages and Property Values Play?," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170473, Agricultural and Applied Economics Association.
    6. Jason Brown & Timothy Fitzgerald & Jeremy G. Weber, 2015. "Capturing rents from natural resource abundance: private royalties from U.S. onshore oil and gas production," Research Working Paper RWP 15-4, Federal Reserve Bank of Kansas City, revised 01 Jun 2015.

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