An Empirical Analysis of Agriculture in Economic Growth of North Carolina
Agriculture is an important sector in economic growth of North Carolina that contributes 19 percent of the state’s income and employs over 20 percent of the work force. Of the total population, 30 percent are living in rural North Carolina where income earnings, education level, and employment opportunities are low while poverty and unemployment rates are considerably high. Of 100 counties 85 are rural and agriculture is one of the significant employment sectors. The objective of this study is to examine the potential use of agricultural sector in the economic growth of North Carolina. County level data gathered from U.S. Bureau of Labor Statistics, USDA, and U.S. Census Bureau for the period of 2000 to 2010 are used for the study. A system of simultaneous equations is used for analysis. The results summarize that increasing income increases agricultural activities and vise versa. Thus, counties with high income levels are more capable of improving agriculture and counties with high gains through agriculture are more competent of improving income levels. Results highlight the importance of secured satisfactory level of income through agriculture to enhance economic growth.
|Date of creation:||2013|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.saea.org/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Steven C. Deller & Tsung-Hsiu (Sue) Tsai & David W. Marcouiller & Donald B.K. English, 2001. "The Role of Amenities and Quality of Life In Rural Economic Growth," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 352-365.
- Byerlee, Derek, 2000. "Targeting poverty alleviation in priority setting for agricultural research," Food Policy, Elsevier, vol. 25(4), pages 429-445, August.
When requesting a correction, please mention this item's handle: RePEc:ags:saea13:143083. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.