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Estimating North Dakota's Economic Base


  • Coon, Randal C.
  • Leistritz, F. Larry


North Dakota’s economic base is comprised of those activities producing a product paid for by nonresidents, or products exported from the state. North Dakota’s economic base activities include agriculture, mining, manufacturing, tourism, and federal government payments for construction and to individuals. Development of the North Dakota economic base data is important because it provides the information to quantify the state’s economic growth, and it creates the final demand sectors for the North Dakota Input-Output Model. This report provides a brief description of the methodology used to estimate each individual sector and the associated data sources. Sales for final demand have been estimated for the 1958-2007 period. Personal income generated by the North Dakota Input-Output Model can be compared to Bureau of Economic Analysis values to validate the model. For the 50-year period the state’s economic base has been estimated, the absolute average difference from Bureau of Economic Analysis personal income was 7.19 percent.

Suggested Citation

  • Coon, Randal C. & Leistritz, F. Larry, 2009. "Estimating North Dakota's Economic Base," Agribusiness & Applied Economics Report 55112, North Dakota State University, Department of Agribusiness and Applied Economics.
  • Handle: RePEc:ags:nddaae:55112

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    References listed on IDEAS

    1. Leistritz, F. Larry & Coon, Randal C., 2008. "Socioeconomic Impacts of the Langdon Wind Energy Center," Agribusiness & Applied Economics Report 37285, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Bangsund, Dean A. & Leistritz, F. Larry, 2004. "Economic Contribution Of The Sugarbeet Industry In Minnesota, North Dakota, And Eastern Minnesota," Agribusiness & Applied Economics Report 23618, North Dakota State University, Department of Agribusiness and Applied Economics.
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