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Building rural wealth through a value chain approach

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  • Mallory L. Rahe
  • Amy Hause

Abstract

Rural wealth creation is a salient approach to local economic development. This paper advances the implementation of this practice by documenting how targeted business investments within a value chain built multiple forms of wealth. We provide exploratory evidence of how consideration of value chain gaps, wealth-building opportunities, potential for expansion, and an emphasis on improved livelihoods can prioritize the allocation of resources to support businesses. We further show how modest investments into targeted businesses built multiple forms of wealth throughout a value chain. Our results provide examples of how to implement the rural wealth creation concepts and a refined understanding of how to target business assistance in ways that build multiple forms of community capital.

Suggested Citation

  • Mallory L. Rahe & Amy Hause, 2020. "Building rural wealth through a value chain approach," Community Development, Taylor & Francis Journals, vol. 51(2), pages 123-139, June.
    • Handle: RePEc:taf:comdev:v:51:y:2020:i:2:p:123-139
    DOI: 10.1080/15575330.2020.1736113
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    Cited by:

    1. Kashyap, Pratyoosh & Jablonski, Becca B.R. & Bauman, Allison, 2022. "Exploring the Relationship between Stocks of Community Wealth and the Intensity of Farm to School Program Activities," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322167, Agricultural and Applied Economics Association.

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