Rural Growth and the Rural Capital Account
This technical report contributes to NC 1014's efforts to understand and improve the contribution of rural financial markets for rural growth. We investigate the ‗export-led growth' hypothesis about rural development, with particular emphasis on the implications of regional current account surpluses/capital account deficits, and deposits in commercial banks. We find that in just one case, subsequent rural deposits depend positively on prior rural export sector activity. But these deposits do not appear to support local investment: both subsequent rural employment and rural income growth are significantly negatively correlated with initial export intensity.
|Date of creation:||2008|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.agfin.ifas.ufl.edu/|
References listed on IDEAS
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- Kilkenny, Maureen & Jolly, Robert W., 2005.
"Are Rural Credit Markets Competitive? Is There Room for Competition in Rural Credit Markets?,"
Agricultural and Applied Economics Association, vol. 20(1).
- Kilkenny, Maureen & Jolly, Robert W., 2005. "Are Rural Credit Markets Competitive? Is There Room for Competition in Rural Credit Markets?," Staff General Research Papers 12634, Iowa State University, Department of Economics.
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- Collender, Robert N. & Shaffer, Sherrill, 2003.
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Journal of Banking & Finance,
Elsevier, vol. 27(1), pages 27-57, January.
- Collender, Robert N. & Shaffer, Sherrill L., 2000. "Local Bank Office Ownership, Deposit Control, Market Structure, And Economic Growth," Technical Bulletins 33555, United States Department of Agriculture, Economic Research Service.
- Davis, James C. & Henderson, J. Vernon, 2003. "Evidence on the political economy of the urbanization process," Journal of Urban Economics, Elsevier, vol. 53(1), pages 98-125, January.
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